Monopolistic competitive firm fixes the price of its product / » Micro economics 2 solved MCQs / By admin Question: Monopolistic competitive firm fixes the price of its product A. Independent of the price of close substitutes B. Close to the prices of close substitutes C. At a very high level D. None of the above Answer» b. Close to the prices of close substitutes Note: The above multiple-choice question is for all general and Competitive Exams in India.
