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Tidy Tidy
wrote...
Posts: 4852
9 years ago
The reason that the coffeehouse market is monopolistically competitive rather than perfectly competitive is because
A) barriers to entry are very low.
B) there are many firms in the market.
C) products are differentiated.
D) entry into the market is blocked.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 426 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
8 years ago
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Tidy Author
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9 years ago
Good timing, thanks!
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
this is exactly what I needed
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