A Feature of Monopolistic Competition Is

question 118

Multiple Choice

A feature of monopolistic competition is:

• A) a patent-protected product.
• B) homogeneous or standardized products.
• C) considerable control over price.
• D) nonprice competition.

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Definitions:

Commercial Banks

The largest and oldest of all financial institutions, relying mainly on checking and savings accounts as sources of funds for loans to businesses and individuals.