One characteristic of a monopoly market is that the product is virtually identical to products produced by competing firms.
举一反三
- In perfect competition, ________. A: there are restrictions on entry into the market B: firms in the market have advantages over firms that plan to enter the market C: only firms know their competitors' prices D: there are many firms that sell identical products
- In a perfectly competitive market, many firms sell an identical product.
- 中国大学MOOC: Because a monopolist does not face competition from other firms, the outcome in a market with a monopoly
- The decision of one firm to invest overseas raises competing firms’ incentives to invest in the same country.
- _____________ is arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers.