A Good Example of a Monopolistic Competitive Industry Is

question 168

Multiple Choice

A good example of a monopolistic competitive industry is

• A) the federal highway system.
• B) wheat farms in the United States.
• C) the country music industry.
• D) the four major textbook publishers together with nearly 90 percent of industry sales.

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Definitions:

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Neurotransmitter

Chemical substances that transmit signals across a synapse from one neuron to another in the nervous system.

Sensory Neuron

A neuron responsible for converting external stimuli from the environment into internal electrical impulses.

Motor Neuron

A type of neuron that sends impulses from the brain and spinal cord to muscles, stimulating movement.