Which of the Following Observations Is NOT TRUE of Monopolistic

question 137

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.

---

Definitions:

The Two-Step Flow Model

A communication theory suggesting that information from the media moves to opinion leaders and then to a wider audience.

Influencers

People who can influence others' buying choices due to their expertise, status, authority, or personal connection with their audience.

Dissemination

The process of spreading information, knowledge, or ideas to a wide audience.

Sticky

Describes content, websites, or applications that engage users and encourage them to spend more time interacting with them.