Which of the Following Is NOT a Characteristic of Monopolistic

question 138

Multiple Choice

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

• A) product differentiation
• B) lack of barriers to entry and exit in the long run
• C) many competing producers
• D) tacit collusion

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Definitions:

Needles

Thin, sharp objects typically made of metal, used for sewing or as part of medical instruments to inject or draw fluids.

Needles

Thin, pointed metal implements used for sewing or medical purposes, such as stitching fabric or administering injections.

Dip

A thick sauce in which pieces of food are dunked before eating.

Dyes

Substances used to impart color to materials, such as fabric, hair, or food, often through a chemical or physical process.