Top Posters
Since Sunday
j
3
s
3
j
2
J
2
e
2
n
2
t
2
d
2
b
2
t
2
J
2
b
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
chomtong chomtong
wrote...
Go to Answer
Posts: 589
Rep: 0 0
7 years ago
Which of the following features distinguishes monopolistically competitive firms from monopolies and oligopolies?
A) Monopolistically competitive firms cannot influence market price by virtue of their size alone while monopolies and oligopolies can.
B) Monopolistically competitive firms are price takers while monopolies and oligopolies are not.
C) Monopolistically competitive firms are not constrained by market demand while monopolies and oligopolies are.
D) Monopolistically competitive firms sell a homogeneous product while monopolies and oligopolies sell a differentiated product.
Read 81 times
1 Reply
Replies
Answer verified by a subject expert
goldlilysgoldlilys
wrote...
#1
Top Poster
Posts: 704
Rep: 16 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

chomtong Author
wrote...

7 years ago
This calls for a celebration Person Raising Both Hands in Celebration
MAry1395
wrote...

Yesterday
Thanks for your help!!
Natalie Price
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1004 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 567
  
 1457
  
 348
Your Opinion
Previous poll results: Do you believe in global warming?