asked 139k views
0 votes
A major characteristic of monopolistic competition is that prices will be

A. higher than in perfect competition.

B. lower than in perfect competition.

C. higher than in a true monopoly.

D. unrelated to the type of competition.

asked
User Burak C
by
8.0k points

1 Answer

4 votes

it is not B or C but i do not know if it is A or D but it is between those two because i tried the others and they are wrong

i hope i was somewhat helpful

answered
User Rosalie Bruel
by
7.8k points
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