The characteristic that distinguishes a monopolistically competitive market from a perfectly competitive market is the:
a. ease of entry.
b. number of firms operating in the market.
c. degree of government regulation in the activities of the firms.
d. differentiation of products.
e. extent of market share of each firm.
d
Economics
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In the classical view, if desired saving exceeds desired investment
A) the interest rate would increase. B) government spending must rise. C) government spending must fall. D) the interest rate would decline.
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Governments should promote education because education contributes to the nation's
A) free markets. B) international trade. C) economic growth potential. D) employment. E) protection of property rights.
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