In monopolistic competition, firms compete on product quality, ...

[lindiwe]

In monopolistic competition, firms compete on product quality, price and marketing.
 
  Indicate whether the statement is true or false

Question 2

A common source of diseconomies of scale is the
 
  A) diminishing marginal returns to capital.
  B) diminishing marginal returns to labor.
  C) diminishing marginal returns to land.
  D) growing complexity of management and organizational structure.

[CourtneyCNorton]

Answer to Question 1

TRUE

Answer to Question 2

D