What Is the Main Point of Difference Between a Monopolistically

question 131

Multiple Choice

What is the main point of difference between a monopolistically competitive market and an oligopoly?

• A)the oligopolist has downward-sloping demand curve
• B)the oligopolist produces where marginal revenue exceeds marginal cost
• C)there are many buyers only in a monopolistically competitive market
• D)there are many sellers in a monopolistically competitive market

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