Which of the Following Is/are TRUE Regarding Monopolistic Competition

question 31

Multiple Choice

Which of the following is/are TRUE regarding monopolistic competition?
I. few sellers
II. free entry
III. product differentiation

• A) III only
• B) I and III only
• C) II and III only
• D) I, II, and III

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Definitions:

Haemophilus Influenzae

A type of bacteria that can cause various infections, particularly in children, including pneumonia, meningitis, and ear infections.

Gram-positive

Refers to bacteria that retain the color of the crystal violet stain used in the Gram staining method, indicating a thicker peptidoglycan cell wall.

Gram-variable

Refers to bacteria that do not consistently stain as gram-positive or gram-negative because of variability in the structure of their cell wall.

Clostridium Tetani

A bacterium that causes tetanus, characterized by muscle stiffness and convulsions, contracted through wound infections.