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Bingel [31]
2 years ago
6

a. The difference between monopolistic competition and pure competition is that compared to pure competition, monopolistic compe

tition has multiple choice 1 fewer firms, product differentiation, some price control, and barrier-free entry. more firms, no product differentiation, no price control, and relatively easy but not barrier-free entry. fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry. more firms, product differentiation, some price control, and barrier-free entry.
Business
1 answer:
slamgirl [31]2 years ago
6 0

The difference between monopolistic competition and pure competition is that compared to pure competition, monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.

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

In Monopolistic competition, there are many producers and consumers in the marketplace and all firms have a degree of market control.

The difference between monopolistic competition and pure competition is that monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.

Therefore, C is the correct option.

Learn more about the monopolistic competition here:

brainly.com/question/1622043

#SPJ1

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Graphically, economic growth can be represented by a:a. rightward shift of the aggregate demand curve. b. leftward shift of the
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d. rightward shift of the long-run aggregate supply curve.

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3 years ago
Tableau DA 9-3: Mini-Case, Analyzing warranty liabilities LO P4
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Bob Hanson emphasizes that sending MBSC employees to seminars on a regular basis is highly motivating. It’s possible that for so
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