Question

    Which one of the following is not a feature of

    monopolistic competition?
    A Large number of buyers and sellers in the market Correct Answer Incorrect Answer
    B Differentiated products constitute the market Correct Answer Incorrect Answer
    C Product in homogeneous the market is homogeneous Correct Answer Incorrect Answer
    D Selling costs are used for sale promotion. Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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