Monopolistic Competition Resembles Perfect Competition to the Extent That

question 55

Multiple Choice

Monopolistic competition resembles perfect competition to the extent that:

• A)non-price competition is emphasized in both
• B)both involve the production of standard products
• C)both involve the production of differentiated products
• D)entry barriers are either weak or non-existent in both
• E)entry barriers are strong in both

Understand the impact of environmental policies and practices on minority and impoverished communities.

Recognize the importance of sustainability and efforts to reconcile economic growth with environmental protection.

Identify key figures and organizations in the environmental movement and their contributions.

Understand the concept of ecological footprint and ways to reduce it.