All of the Following Are Characteristics of Monopolistic Competition EXCEPT

Multiple Choice

All of the following are characteristics of monopolistic competition EXCEPT:

A) the use of advertising to differentiate products
B) a relatively large number of sellers
C) each seller firm is not particularly concerned about the relationship between its individual actions and those of other firms in the industry.
D) a few sellers.
E) each seller firm attempts to retain or increase its market share by differentiating its product from the output of other firms.