Which Industry Is MOST Likely to Be Monopolistically Competitive

question 43

Multiple Choice

Which industry is MOST likely to be monopolistically competitive?

• A) agriculture
• B) computer chip manufacturing
• C) Internet service
• D) hair salon service

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Definitions:

Neutral Buffer

An introductory statement in communication that is non-committal and designed to lessen a negative reaction to the information that follows.

Benefit Highlighting

The practice of emphasizing the advantages or positive aspects of a product, service, or opportunity to persuade or inform an audience.

Trouble

A state of distress, difficulty, or need; situations that cause discomfort or problems.

Non-Compliance

Failure or refusal to act in accordance with set rules, regulations, or standards.