Which of the following is an essential characteristic of monopolistic competition?
a....
Business, 28.12.2019 06:31 gabriellax995
Which of the following is an essential characteristic of monopolistic competition?
a. goods produced by different firms that are not perfect
b. substitutes price levels that fall lower than those of larger markets
c. lack of significant involvement of government regulators
d. extensive price and production coordination among firms
Answers: 2
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