Which of the Following Observations Is NOT True of Monopolistic

question 174

Multiple Choice

Which of the following observations is NOT true of monopolistic competition?

• A)A number of different firms offer marketing mixes that at least some customers see as different.
• B)Marketing managers try to differentiate very similar products by relying on other elements of the marketing mix.
• C)Each competitor tries to get a monopoly in its own target market.
• D)Most marketing managers in developed economies do not face monopolistic competition.
• E)Competition exists because some customers see various alternatives as substitutes.

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