Answer:
d. unitary elastic.
Explanation:
Monopolistically competitive firms are those firms which are found in a monopolistic competition.
In a Monopolistic competition, we refer to an industry that has many firms offering products or services that are close substitute or similar, but are not perfect substitutes.
When we say it is unitary elastic, what this means is that at a given percentage change in price there would be an equal percentage change in the quantity demanded or the quantity to be supplied.
