Title: Monopolistic competition is different from pure competition in that Post by: sgy_89 on May 25, 2017 Monopolistic competition is different from pure competition in that
A) monopolistic competitors produce where MR = MC, but pure competitors do not. B) monopolistic competition is characterized by a small number of firms while pure competition is not. C) monopolistic competitors are protected by barriers to entry, while pure competitors are not. D) monopolistic competitors sell differentiated products, while pure competitors sell identical products. E) monopolistic competitors sell identical products while pure competitors sell differentiated products. Title: Re: Monopolistic competition is different from pure competition in that Post by: folioge on May 25, 2017 Content hidden
|