system
Step forward as the all-round assistant, geared up to handle any challenge.
human
Please give an example of a monopolistic competition market.

"Monopolistic competition occurs when many firms produce similar products, but each has some control over pricing and quality."
gpt
A classic example of a monopolistic competition market is the fast-food industry. There are many fast-food chains that offer similar products, such as burgers and fries, but each chain differentiates itself by offering unique menu items, branding, and advertising.