Which of the Following Is Not a Characteristic of Monopolistic

question 61

Multiple Choice

Which of the following is not a characteristic of monopolistic competition?

• A)a large number of sellers
• B)firms are price takers
• C)free entry into the market
• D)a differentiated product

---

Definitions:

Deficient

Lacking in some necessary quality or element; insufficient or inadequate.

Contaminated

Refers to substances that are impure or polluted, often posing a risk to health or the environment.

Performance-Based Pay

A compensation strategy that ties a portion of an employee's pay directly to their performance or achievements, incentivizing high performance.

Cash Rewards

Monetary incentives provided to employees, customers, or individuals as recognition for their achievements, loyalty, or participation.