Which of the following statements correctly identifies a difference between perfect competition and monopolistic competition?单项选择题

A

In perfect competition the firms all sell products that are exactly the same, but in monopolistic competition each firm sells a slightly differentiated product.

B

In perfect competition there are no barriers to entry, but there are strong barriers in monopolistic competition.

C

In perfect competition firms maximize profit by selling the quantity where marginal revenue equals marginal cost, but in monopolistic competition firms maximize profit by selling the quantity where marginal revenue exceeds marginal cost.

D

In perfect competition there are many firms, but in monopolistic competition there are only a few firms.

E

In perfect competition there are few consumers, but in monopolistic competition there are many consumers.

登录即可查看完整答案

我们收录了全球超50000道真实原题与详细解析,现在登录,立即获得答案。

类似问题

Which of the following is likely to result in allocative inefficiency?

A country has very low levels of government ownership of factories and only a 10% of workers are employed by the government. Most industries are dominated by a single large firm or a group of companies that coordinate with each other. In class we described economies like this as [ Select ] [ Select ] and gave [ Select ] as an example.

Competition can be described and classified as monopolies, oligopolies, pure competition or as monopolistic competition. When it comes to how companies compete under these different situations, the following is true:

5.    In a monopolistically competitive market:  A.    there is a relatively small number of sellers. B.    all products are identical. C.    it is typically difficult to enter the market. D.    there is a relatively large number of sellers.

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！