Home » Classroom » JAMB Economics 2010 Question

One of the characteristics of monopolistic comp... - JAMB Economics 2010 Question

One of the characteristics of monopolistic competition is that
A
there is mobility of factors of production
B
no single seller dominates the market
C
the firms are price-takers
D
consumers have perfect knowledge of price
correct option: b
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses