Question

Industry is most probably to be monopolistically competitive is

a.

the automobile industry

b.

the steel industry

c.

the car repair industry

d.

the electrical generating industry

Answer: (c).the car repair industry

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. Industry is most probably to be monopolistically competitive is

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Supply curve for a ideal competitor is its

Q. Each of following are means monopolistically competitive companies distinguish their commodities EXCEPT

Q. A price- and quantity-fixing accord is well-known as

Q. In monopolistic competition, companies attain some level of market power

Q. Markets such that no contributors are great adequate to have market authority to put prices of a uniform product are

Q. All customers and manufacturers are supposed to have ideal knowledge of price, usefulness, worth and manufacturing ways of products are

Q. In distinguish to a monopoly or oligopoly, it is impractical for a company in perfect competition to produce economic profit in the

Q. In a perfectly competitive market, a company demand curve is

Q. Buyers competent of making realistic purchases based on information given are

Q. In perfect competition, every profit-exploiting manufacturer looks a market price identical to it's

Q. A absolutely competitive industry has a

Q. Point where market demands will be same to market supply

Q. Short run supply curve for a perfectly competitive firm is marginal cost curve at and over the

Q. A firm in a entirely competitive industry has

Q. Completely competitive market exists when each member is a

Q. Marginal proceeds are equivalent to price for which one of following kinds of market structure

Q. Economic returns are normally

Q. An industry appears closest to perfect competition

Q. No entrance and way out obstacle creates it exceptionally simple to enter or exit a

Q. Monopolistic competition is different from perfect competition mainly because

Recommended Subjects

Are you eager to expand your knowledge beyond Marketing and Marketing Management? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!