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Author Question: Which of the following is NOT a characteristic of monopolistic competition? A) large number of ... (Read 90 times)

theo

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Which of the following is NOT a characteristic of monopolistic competition?
 
  A) large number of sellers
  B) differentiated products
  C) advertising
  D) barriers to entry

Question 2

Refer to the above figure. At a price of 2 per gallon, there is
 
  A) a surplus of 20,000 gallons per month.
  B) a shortage of 40,000 gallons per month.
  C) a shortage of 80,000 gallons per month.
  D) a shortage of 60,000 gallons per month.


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ciecieme

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theo

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Perkypinki

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Reply 3 on: Yesterday
Wow, this really help

 

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