Which of the following is a characteristic of monopolistic competition?

Question

a. Few sellers.

b. A differentiated product.

c. Easy entry into and exit from the industry.

d. All of the above are characteristics of monopolistic competition.

مستخدم محذوف‎ · Answer

A and b . Why b ? If the diffrentiation is in terms of technology that is not possible to replicate or will take years of time for another competition to catch up . Company gains competitve advantage and monopoly in that area for a certain period of time.

Nasir Hussain · Answer

a. Few sellers.. ...................................................................................................

مستخدم محذوف‎ · Answer

d. All of the above are characteristics of monopolistic competition.

mohamed badawy · Answer

I CHOOSE.... A ...............OPTION .......................................................................................................

مستخدم محذوف‎ · Answer

A---------------- is the correct answer

khaled elkholy · Answer

a. Few sellers;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;

Muhammad Sohail · Answer

Few Seller is the characteristic of Monopolistic Competition.

Kader Hasan Maraicar · Answer

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

Khaled Anwar · Answer

The answer is : Option ( A )

Ahmed Mohamed Ayesh Sarkhi · Answer

Option " A " One Man Show Or Small Group Only

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is an option (D)

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Which of the following is a characteristic of monopolistic competition?

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