One Benefit of Monopolistic Competition Over Perfect Competition Is

question 12

Multiple Choice

One benefit of monopolistic competition over perfect competition is

• A) economic profit.
• B) product variety.
• C) excess capacity.
• D) efficiency.

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Definitions:

Negative Message

Communication that conveys disappointing, discouraging, or unfavorable information.

Peers

Individuals who are of same age, status, or ability as oneself.

Pattern of Organization

The structure or arrangement of ideas and elements within a text or presentation.

Negative Letters

Communications that convey unfavorable news, rejections, or denials in a professional and respectful manner.