Which Is NOT a Characteristic of Monopolistic Competition

question 234

Multiple Choice

Which is NOT a characteristic of monopolistic competition?

• A) small share of market to each firm
• B) lack of collusion among firms
• C) few firms in the industry
• D) independence of each firm's decisions

---

Definitions:

Individualized Teaching

An educational approach that tailors instruction to accommodate individual students' learning needs, abilities, interests, and pace.

Educational Strategy

A plan or method implemented to facilitate learning and enhance the understanding and retention of knowledge.

BMI

Body Mass Index, a measurement derived from a person's weight and height to assess body fat and overall health.

79th Percentile

A statistical measurement indicating that an individual scored better than 79% of the population sample.