1 monopolistic competition involvesmany firms competing, Ask an Expert

Management Studies

1. Monopolistic competition involves:

many firms competing against each other

many firms colluding with each other

few firms competing against each other

few firms colluding with each other

2. Which of the following helps to pave the way for the emergence of oligopolists?

open entry

product homogeneity

high-quality products

government patents

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92484753

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