Monopolistic Competition Is Characterised By

question 49

Multiple Choice

Monopolistic competition is characterised by:

• A)few sellers, differentiated products and ease of entry and exit.
• B)many sellers, differentiated products and difficult entry.
• C)one seller, unique product and extremely difficult entry.
• D)many sellers, differentiated products and easy entry.

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Definitions:

Electron Transport Chain

a component of the electron transport system involved in cellular respiration that generates a proton gradient to produce ATP.

ATP Molecules

Adenosine triphosphate molecules, which are the primary energy carriers in all living organisms, providing energy for most cellular processes.

Cellular Respiration

The process by which cells produce energy from carbohydrates; oxygen is consumed as a reactant along with the organic fuel.

Calvin Cycle

A series of biochemical redox reactions that take place in the stroma of chloroplasts in photosynthetic organisms.