The Best Example of a Monopolistically Competitive Industry Is

question 39

Multiple Choice

The best example of a monopolistically competitive industry is:

• A)music stores.
• B)grocery stores.
• C)mobile phone service.
• D)A and B are correct.

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Definitions:

Recreation

Activities undertaken for enjoyment, leisure, and relaxation, typically during one's free time.

Student

A student is an individual who is engaged in learning, especially one who is enrolled in a school or educational institution.

Guitarist

A musician who plays the guitar, a stringed musical instrument.

Recreational Activities

Activities performed for enjoyment, amusement, or pleasure during one's leisure time.