Which one of these firms would be a monopolistic competitor?

A) AT&T
B) A local phone company
C) A Tex-Mex restaurant in San Antonio,Texas
D) The only used car dealer within 300 miles of Livingston,Montana

Monopolistic Competitor

A monopolistic competitor is a firm that has many competitors in a market but differentiates its product or service enough to have some control over its price.

Tex-Mex Restaurant

A type of dining establishment that serves a fusion cuisine of Texan and Mexican origins, characterized by its hearty, flavorful dishes.

Local Phone Company

A telecommunications provider that offers services within a specific geographic area, typically handling local calls and access.