Which of the following is not a characteristic of a monopolistically competitive market?
a. Firms have control over price.
b. Firms sell differentiated products.
c. There are substantial barriers to entry.
d. There are many firms.
Which of the following is not a characteristic of a monopolistically competitive market?
a. Firms have control over price.
b. Firms sell differentiated products.
c. There are substantial barriers to entry.
d. There are many firms.