« previous next »

Author Question: Which of the following is NOT a feature of monopolistic competition? A) significant numbers of ... (Read 85 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
Which of the following is NOT a feature of monopolistic competition?
 
  A) significant numbers of sellers in a highly competitive market
  B) differentiated products
  C) sales promotion and advertising
  D) inability of firms to enter or exit the market

Question 2

An important characteristic of private goods is
 
  A) the nonexclusion principle.
  B) the principle of rival consumption.
  C) the principle of joint consumption.
  D) the principle of conspicuous consumption.


aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Large numbers of plant species can flower at once in this grassland in Kinsella, Alberta. Large numbers of plant species can flower at once in this grassland in Kinsella, Alberta.
A stallion with a proven competition record is one criterion for being a suitable sire. A stallion with a proven competition record is one criterion for being a suitable sire.
Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital" Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
Letters and Numbers Letters and Numbers
Prove the argument using two column proof numbers 2 and 5 only. Prove the argument using two column proof numbers 2 and 5 only.
Website Feature (Anonymous) Website Feature (Anonymous)
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library