$+733$ pts

$\frac{?}{1300}$

Question $13$ of $13-$ HW$15$: Homework $-$ Ch$.15$: Monopolis

Question $13$ of $13$

Monopolies and monopolistically competitive firms differ in that monopolies

differentiate their products.

face competition from many other firms.

participate in markets where barriers to entry are present.

Which of the following makes monopolistic competition different than perfect competition? Monopolistically competitive firms

face competition from many other firms

participate in markets where barriers to entry are present

differentiate their products

In comparison to oligopolies, firms in monopolistic competition

face competition from many other firms.

differentiate their products.

participate in markets where barriers to entry are present.