Business
Business, 20.03.2020 07:21, janellesteele5918

Monopolies and monopolistically competitive firms differ in that monopolies face competition from many other firms. participate in markets where barriers to entry are present. differentiate their products. Which of the following makes monopolistic competition different than perfect competition? Monopolistically competitive firms participate in markets where barriers to entry are present face competition from many other firms differentiate their products In comparison to oligopolies, firms in monopolistic competition differentiate their products. participate in markets where barriers to entry are present. face competition from many other firms. Which scenario is an example of an industry in monopolistic competition? Sprint, AT&T, Verizon, and T-Mobile own a large portion of the U. S. cellular market share. The local gas company owns all of the gas lines that supply natural gas and heating to the residents in the town of Madison, Wisconsin. Within walking distance from your home, there are a plethora of fast-food restaurants including Koala Express, Cabo Bob's Burritos, Oodles of Noodles, and Hanz's Hearty Hamburgers. Farmers grow navel oranges throughout the United States.

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