• 2022-05-31
    Which is the market structure in which many manufacturers produce and sell products that are different yet substitutable?
    A: Perfect competition
    B: Perfect monopoly
    C: Monopolistic competition
    D: Oligopoly
  • C

    内容

    • 0

      概念题:垄断、寡头、垄断竞争( monopoly, oligopoly, monopolistic competition)

    • 1

      According to the degree of , market can be divided into the complete monopoly market, the oligopoly market, the monopoly competition market and the complete competitive market.

    • 2

      Which of the following would occur if a single farm in perfect competition lowered its price below the long-run equilibrium market price?

    • 3

      Which of the following is least likely a feature that monopolistic competition and perfect competition have in common A: Output occurs where MR=MC. B: Zero economic profits in the long run. C: Extensive advertising to differentiate products.

    • 4

      Under the monopolistic competition, there are many competitors in the market. But each firm sells a slightly different product, which can form some market leaders. Each firm makes independent decisions about price and output.