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Earlier discussion
2 older comments kept for context.
Folahan
The correct answer is monopolistic competition, cuz there is no close substitute for the goods and services
Hamzat Afeez
A situation where industry have firms in which there goods is not a PERFECT SUBSTITUTE for another is a MONOPOLISTIC COMPETITION not MONOPOLY, monopoly is situation where there is only one producer or supplier for a certain product.The CORRECT answer is monopolistic competition