Which of the Following Statements Is False

question 146

Multiple Choice

Which of the following statements is false?

• A)The monopolistic competitor is a price searcher.
• B)The monopolistic competitor produces a product that differs slightly from the products of the other firms in the industry.
• C)The monopolistic competitor faces a horizontal demand curve.
• D)The monopolistic competitor produces an output at which price is greater than marginal cost.

---

Definitions:

Ammonia

A compound of nitrogen and hydrogen with the formula NH3, it is a colorless gas with a characteristic pungent smell and is used in many industrial processes.

Spiders

Arachnids distinguished by their ability to spin webs using silk produced from spinnerets at the rear of their abdomen.

Filtrate

The liquid that has passed through a filter, having had some of its particles removed in the process.

Nephron Tubules

The microscopic tubes within the kidney where blood is filtered, and urine is formed through processes of reabsorption and secretion.