Which of the Following Is Not a Requirement for the Existence

question 98

Multiple Choice

Which of the following is not a requirement for the existence of monopolistic competition in a market?

• A)Numerous small sellers
• B)Full information about the market among buyers and sellers
• C)Product homogeneity
• D)Freedom of entry into the market

---

Definitions:

Emotional Support

Assistance provided by offering empathy, concern, affection, love, trust, acceptance, intimacy, encouragement, or caring.

Confidential Information

Sensitive data or knowledge that is shared under the expectation of privacy and non-disclosure.

Proactive Customer Service

A customer service approach focusing on anticipating and addressing customer needs before they arise.

Software Developer

A professional who designs, codes, tests, and maintains software applications.