Question 35 The main difference between monopolistic competitors and perfect competitors is that Group of answer choices there is easy entry and exit for perfect competitors but not for monopolistic competitors. there is difficult entry and exit for perfect competitors but not for monopolistic competitors. monopolistic competitors produce differentiated products, but perfect competitors produce homogeneous products. monopolistic competitors produce homogeneous products, and
Question 35 The main difference between monopolistic competitors and perfect competitors is that Group of answer choices there is easy entry and exit for perfect competitors but not for monopolistic competitors. there is difficult entry and exit for perfect competitors but not for monopolistic competitors. monopolistic competitors produce differentiated products, but perfect competitors produce homogeneous products. monopolistic competitors produce homogeneous products, and
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question 35
The main difference between monopolistic competitors and perfect competitors is that
Group of answer choices
there is easy entry and exit for perfect competitors but not for monopolistic competitors.
there is difficult entry and exit for perfect competitors but not for monopolistic competitors.
monopolistic competitors produce differentiated products, but perfect competitors produce homogeneous products.
monopolistic competitors produce homogeneous products, and perfect competitors produce differentiated products.
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