Firms in monopolistic competition charge prices that are _______

Author Question: Firms in monopolistic competition charge prices that are ________ those of the other firms in the ... (Read 83 times)

jon_i

Hero Member
Posts: 549

on: Jun 29, 2018

Firms in monopolistic competition charge prices that are ________ those of the other firms in the market.

A) close to
B) very different from
C) the same as
D) completely unrelated to

Question 2

In the above figure, a price of 15 per dozen for roses would result in

A) equilibrium.
B) a shortage.
C) a surplus.
D) downward pressure on prices.

jesse.fleming

Sr. Member
Posts: 301

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

B

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