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What is the difference between perfect competition and monopolistic competition? a. None of these b. Perfect competition has berters to entry while monopolistic competition does not c. Perfect

What is the difference between perfect competition and monopolistic competition? a. None of these b. Perfect competition has berters to entry while monopolistic competition does not c. Perfect competition has a large number of small forms while monopolistle competition does not d. In perfect competition, firms produce identical goods, while in monopolistic competition, firms produce slightly different goods Ost 19 Not yet awered Marked out of 100 Flaggston The supply curveis sioping, which means that of a good will be supplied at higher prices. Choose the best options from the choices below O upwardless b. upward, more Oc downward more od downwardless Question 20 Not yet answered Marsed out of 100 Flag What do you mean by alternate use of resource in Economics? a the resource availability is very less 6. the resources are wasted in an economy c. there are many wants for the human beings O d.one resource used for many purposes Questo 21 Not yet wed Marked out of 1.00 Page If a few firms share most of an entire industry's revenues, the market structure is most ikely a monopolistically competitive Ob perfectly competitive O canoligopoly O d. a monopoly

Apr 02 2021 View more View Less

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