Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Which of the following is NOT a characteristic of monopolistic competition?

/ » Micro economics 2 solved MCQs / By
Question:

Which of the following is NOT a characteristic of monopolistic competition?

A.

there are many sellers

B.

there are many buyers

C.

everybody is perfectly informed

D.

the goods are identical

Answer» d. the goods are identical

Note: The above multiple-choice question is for all general and Competitive Exams in India.