Solved

Which of the Following Conditions Distinguishes Monopolistic Competition from Perfect

Question 644

Multiple Choice

Which of the following conditions distinguishes monopolistic competition from perfect competition?


A) the number of sellers in the market
B) the freedom of entry and exit by firms in the market
C) the size of firms in the market
D) product differentiation

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions