Which of the Following Is Not a Characteristic of Monopolistic

question 61

Multiple Choice

Which of the following is not a characteristic of monopolistic competition?

• A)a large number of sellers
• B)firms are price takers
• C)free entry into the market
• D)a differentiated product

---

Definitions:

Momentary Playmateship

Momentary playmateship describes brief, spontaneous interactions and relationships formed between children during play, typically characterized by limited commitment and duration.

Selman's Stages

A developmental model outlining the stages of perspective taking ability, or how individuals understand the views of others as they grow.

Social Development

The progression by which individuals acquire the values, behaviors, and skills necessary to function effectively in society.

Peer Groups

A social group whose members have interests, social positions, and age in common.