Under Monopolistic Competition ________

question 58

Multiple Choice

Under monopolistic competition ________.

• A)prices are flexible,because producers can change them as often as they wish
• B)prices are flexible,because producers can never set a price other than the market price
• C)prices are flexible,because producers adopt Keynesian policies
• D)all of the above
• E)none of the above

---

Definitions:

Cause Advocacy

Promoting and working towards concrete changes in policy or practice for a specific cause or issue.

Case Advocacy

The act of supporting or representing an individual or group in navigating systems or obtaining needed services or rights.

Expert Power

The influence that one has over others as a result of specialized knowledge, skills, or expertise.

Legitimate Power

Authority or power derived from a position, role, or legal standing, which is recognized and accepted by others.