Which of the Following Would NOT Cause the Costs in a Monopolistically

question 153

Multiple Choice

Which of the following would NOT cause the costs in a monopolistically competitive industry to be higher than those in a perfectly competitive industry?

• A)A large number of competitors
• B)Advertising expenditures
• C)Marketing costs necessary to differentiate a product
• D)The ability to control the price of the product so costs can be allowed to rise

---

Definitions:

Electra Complex

A concept in psychoanalytic theory referring to a girl's psychosexual competition with her mother for possession of her father.

Collective Unconscious

A concept in Jungian psychology referring to the part of the unconscious mind that is derived from ancestral memory and experience and is common to all humankind.

Psychoanalysis

A therapeutic approach that focuses on exploring unconscious conflicts and desires, often originating from childhood, to alleviate psychological tension and improve emotional well-being.

Sigmund Freud

Originating from Austria, this individual was a neurologist and initiated psychoanalysis, which is a method of healing mental health issues through discussions between a psychoanalyst and the person undergoing treatment.