1.

In a monopolistically competitive market, which of the following hold true?A. firms are small relative to the total marketB. no firm has any market powerC. there is easy entry and exit in the marketD. few firms have market powerE. there is no easy entry and exit in the marketChoose the most appropriate answer from the options given below:

A. A, C and E only
B. B and C only
C. A and B only
D. A and C only
Answer» E.


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