Categories Economics The first heroic assumption of Chamberlin model of monopolistic competition is ________ Post author By thelooknow Post date March 24, 2022 A. identical costs B. identical products C. Both a & b D. None of the above CORRECT ANSWER IS: identical costs ← Chamberlin has introduced two policy variables in theory of firm first is _________________ and second is _________________. → The second heroic assumption of Chamberlin model of monopolistic competition is __________________.