Which of the Following Is NOT a Characteristic of Monopolistic

question 99

Multiple Choice

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

• A) A large number of firms compete.
• B) Entry and exit is restricted.
• C) Firms compete on product quality.
• D) Firms compete on price.

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Definitions:

Diet

The combination of food and drink that a person regularly consumes, often considered in the context of nutritional quality and effects on health.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing baby and removing waste products.

Labor

The process of working or the effort expended on a particular task; also refers to childbirth process.

Allele

A variant form of a gene that arises due to mutation and can be found at a specific place on a chromosome.