The Monopolistic Competition Model Assumes That

question 267

Multiple Choice

The monopolistic competition model assumes that

• A)allocative efficiency will be achieved.
• B)productive efficiency will be achieved.
• C)firms will engage in nonprice competition.
• D)firms will realize economic profits in the long run.

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Definitions:

Gender Discrimination

Unfair or unequal treatment of individuals based on their gender, often resulting in disadvantages in employment, education, and other arenas.

Hostile Environment Harassment

Behavior that creates an intimidating, offensive, or oppressive atmosphere, often concerning sexual harassment in the workplace.

Quid Pro Quo Harassment

A type of sexual harassment where a person in power demands sexual favors in exchange for job benefits or avoiding negative job consequences.

Sexual Jokes

Humor or jests that involve themes of sexuality, often intended to provoke amusement or discomfort.