in the long run equilibrium, monopolistic competition results in some deadweight loss because of fewer trades compared to perfect competition, and we also don’t see productive efficiency due to slightly higher costs. despite this, why might monopolistic competition still be desirable compared to perfect competition?.a. When consumers are forced to spend more money on goods, the economy Will be stimulatedb. In monopolistic competition, firms have to fight harder for unique product and market share, and this will result in better products and support the advertising industryc. The higher costs of monopolistic competition are likely the result of product differentiation, and consumers may prefer to have variety and choice and are willing to pay for itd. Entry barriers in monopolistic competition can be created by existing firms as way to keep inferior products out of the market