Which of the Following Is Not a Characteristic of Monopolistic

question 121

Multiple Choice

Which of the following is not a characteristic of monopolistic competition?

• A)Firms are price takers.
• B)There are many buyers and sellers.
• C)Barriers to entry are low.
• D)Firms sell similar, but not identical, products.

---

Definitions:

Sugar Metabolism

The series of biochemical processes by which the body converts sugars like glucose into usable energy.

Aerobic Respiration

The process by which cells break down sugars and fats with oxygen to produce carbon dioxide, water, and energy.

Mitochondria

Organelles found in the cytoplasm of most cells, involved in energy production through the process of oxidative phosphorylation.

In-service Training

Training provided to employees during their tenure at an organization to improve their skills and knowledge.