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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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I believe the correct answer is: trust, support, and shared interests.

 

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The primary functions and purposes of the following social institutions can be summarized below.

<h3>What are social institutions:</h3>

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4 0
2 years ago
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Answer:

I would say

It decreased because new black code laws restricted holding office and voting. BUt not sure

Explanation:

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