In monopolistic competition, there are ________
A) many firms selling products for which no good substitutes exist
B) many firms selling similar but slightly different products
C) many firms, each selling an identical product
D) a small number of firms, each selling an identical product
B
Economics
You might also like to view...
An increase in the corporate profits tax will most likely lead to
a. a decrease in the rental rate of capital in the corporate sector. b. no change in the rental rate of capital in the corporate sector. c. no change in the rental rate of capital in the non-corporate sector. d. an increase in the rental rate of capital in the corporate sector.
Economics
A federal budget deficit ________ the change in government bonds issued by the U.S. Treasury and ________ the national debt
Fill in the blank(s) with correct word
Economics