In monopolistic competition, companies attain some level of market power Options: A . &nbspby producing differentiated products. B . &nbspbecause of barriers to exit from industry. C . &nbspbecause of barriers to entry into industry. D . &nbspby virtue of size alone.

In monopolistic competition, companies attain some level of market power

Question

In monopolistic competition, companies attain some level of market power

Options:

A . by producing differentiated products.

B . because of barriers to exit from industry.

C . because of barriers to entry into industry.

D . by virtue of size alone.

Answer: Option A
Answer: (a).by producing differentiated products.

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