Which of the following allows monopolistically competitive firms to differentiate their products from competitors in a market?

a. Licensing
b. Forming cartels
c. Advertising
d. Patenting

c

Economics

You might also like to view...

In recent years, average household income in the United States was highest for households headed by someone aged

A) 35 to 44. B) 45 to 54. C) 55 to 64. D) 65 and over.

Economics

If the marginal cost were $18, output would be


A. 1.
B. 2.
C. 3.
D. 4.

Economics