Which of the following is NOT a characteristic of a monopolistically competition industry? O Sellers offer products that are, in some way, different from their competitors' products. O A solely seller. O A large number of sellers. O There is free entry into the market.
Which of the following is NOT a characteristic of a monopolistically competition industry? O Sellers offer products that are, in some way, different from their competitors' products. O A solely seller. O A large number of sellers. O There is free entry into the market.
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![Question 10
Which of the following is NOT a characteristic of a monopolistically competition industry?
Sellers offer products that are, in some way, different from their competitors products.
A solely seller.
O A large number of sellers.
O There is free entry into the market.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F01f33f44-9f96-4891-ae68-0486cbaab2a9%2F3096fa64-9b3a-4527-9464-6f9c80f68c2e%2F2f8y07i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 10
Which of the following is NOT a characteristic of a monopolistically competition industry?
Sellers offer products that are, in some way, different from their competitors products.
A solely seller.
O A large number of sellers.
O There is free entry into the market.
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