Which of the Following Is NOT a Characteristic of Monopolistic

question 37

Multiple Choice

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

• A) few firms compete
• B) easy entry and exit
• C) small market share
• D) differentiated product
• E) no barriers to entry or exit

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Definitions:

Sperm

Male reproductive cells or gametes involved in sexual reproduction, responsible for fertilizing the female ovum.

Ova

Female reproductive cells or eggs that are necessary for reproduction in many species, including humans.

Sex

Biological classification of organisms, generally as male or female, based on reproductive anatomy and function.

Chromosome

A thread-like structure of nucleic acids and protein found in the nucleus of most living cells, carrying genetic information in the form of genes.