Which of the Following Statements Is Not Correct

question 121

Multiple Choice

Which of the following statements is not correct?

• A)Monopolistic competition is different from monopoly because monopolistic competition is characterized by free entry, whereas monopoly is characterized by barriers to entry.
• B)Both monopolistic competition and oligopoly fall in between the more extreme market structures of competition and monopoly.
• C)Monopolistic competition is different from oligopoly because each seller in monopolistic competition is small relative to the market, whereas each seller can affect the actions of other sellers in an oligopoly.
• D)Both monopolistic competition and perfect competition are characterized by product differentiation.

---

Definitions:

Focal Plane

A specific plane through which light rays are sharply focused after passing through a lens or optical system.

Magnification

The process of making an object appear larger than its actual size, typically using lenses or microscopes.

Supportive Frame

A structural component or system designed to provide support and stability, often referring to skeletal or architectural structures.

Body Tube

In microscopy, the body tube connects the eyepiece to the objective lenses, aligning the optical components for image focus.