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EastWind [94]
2 years ago
5

A monopolistically competitive industry is like a purely competitive industry in that.

Social Studies
1 answer:
Ksju [112]2 years ago
3 0

The similarity between a monopolistically competitive and purely competitive industry is neither industry has significant barriers to entry.

<h3>What is Monopolistic competition?</h3>

A monopolistic competition is the one that offer similar but substitute products whereas individual firms make their decision.

For a Monopolistic competition, barriers to entry are low same with purely competive industry.

Hence, the similarity between a monopolistically competitive and purely competitive industry is neither industry has significant barriers to entry.

Learn more about monopolistic competitive industry here : brainly.com/question/13113415

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Answer:

culture; society

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Culture is the social behavior that is intrinsic to a society. According to sociology, it is the study of how people think, act and the their meaning of material objects is called culture.

A society is a group of people that interact with each other persistently, in a particular place. The interactions among the people of a society leads to the development of the culture that is unique to them.

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3 years ago
What was school like in the 1800s
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The correct answer to this open question is the following.

You forgot to attach the options for this question. However, we can comment on the following.

It is very controversial and has led to numerous lawsuits. An individual with a higher average is passed over for an individual who has a lower average but who is a minority person, let’s say for example, into admission into a certain college or to be hired into a certain job. This is because of affirmative action.

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