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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.
a. Few sellers.. ...................................................................................................
d. All of the above are characteristics of monopolistic competition.
I CHOOSE.... A ...............OPTION .......................................................................................................
a. Few sellers;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
Few Seller is the characteristic of Monopolistic Competition.
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.
The answer is : Option ( A )
Option " A " One Man Show Or Small Group Only
My answer is an option (D)
