Exhibit 24-9 ​ Refer to Exhibit 24-9

Multiple Choice

Exhibit 24-9 ​ Refer to Exhibit 24-9. The type of product sold in a perfectly competitive market is ___________ [blank (D) ].  The type of product sold in a monopolistic competitive market is ____________ [blank (E) ].  The type of product sold in an oligopoly is _________ [blank (F) ]. The type of product sold in a monopoly is ___________ [blank (G) ].

A) unique; homogeneous or differentiated; differentiated; homogeneous
B) differentiated; homogeneous; homogeneous or differentiated; unique
C) homogeneous; homogeneous; differentiated; unique
D) homogeneous; differentiated; homogeneous or differentiated; unique