Which of the Following Is NOT an Assumption for Monopolistic

question 80

Multiple Choice

Which of the following is NOT an assumption for monopolistic
Competition?

• A)Firms produce goods, using a technology with increasing returns to scale.
• B)There are many firms in the industry.
• C)Firms have some control over the price of the product.
• D)Each firm produces a good that is similar to, but differentiated from, the goods that other firms in the industry
• Produce.

---

Definitions:

Hire Date

The specific date on which an individual officially begins their employment with an organization.

Employee Benefits

Various non-wage compensations provided to employees in addition to their normal salaries or wages. These can include health insurance, retirement plans, and vacation time.

Accountant

A professional specializing in maintaining and examining financial records, ensuring accuracy and compliance with laws.

HR Director

A high-level executive responsible for overseeing an organization's human resources department and implementing policies related to employee management and development.