State three features of monopolistic competition Share with your friends Share 0 Harsha Wasan answered this Dear student, Features of Monopolistic Competition: 1. Large Number of Sellers 2. Product Differentiation 4. Freedom of Entry and Exit Regards. 1 View Full Answer Prasuk Jain answered this Large number of buyers and sellers Freedom of entry and exit of firms Product differentiation 1 Manish Bhardwaj answered this Please see answer below 0 Shivangi Singh answered this Large no.of buyers. Slight power. Price-maker. 1