The Monopolistic Competition That Is Typical of the U

Multiple Choice

The monopolistic competition that is typical of the U.S. economy

A) always leads to higher prices, but it may not lead to higher consumer satisfaction.
B) is a problem because it does not result in products that reflect consumer's social values.
C) is the result of consumer preferences.
D) is the result of manipulation of markets by business firms.
E) All of the above are true.