The common feature of pure monopoly,oligopoly,and monopolistic competition is
A) the absence of close substitutes.
B) blocked entry.
C) interdependent decision making by firms.
D) price discrimination.
E) downward-sloping demand.

Question

Quizplus · Accepted Answer

All these market structures have a downward-sloping demand curve, meaning that firms have some control over the price they charge.

The Common Feature of Pure Monopoly,oligopoly,and Monopolistic Competition Is