One Source of Economic Inefficiency from Monopolistic Competition Is

question 94

Multiple Choice

One source of economic inefficiency from monopolistic competition is

• A) markup.
• B) less variety for consumers.
• C) more variety for consumers.
• D) higher costs because firms can enter the industry.
• E) lower marginal costs,but higher average costs than with perfect competition.

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A style of communication that is professional, polite, and adheres to conventional language standards, often used in business, academic, or official contexts.

Urethra

A tube that conveys urine from the bladder to the outside of the body in both males and females, and also transports semen in males.