Firms in monopolistic competition compete on i. quality.
Ii) price.
Iii) marketing.
A) i and ii
B) ii only
C) i and iii
D) i, ii and iii
E) ii and iii

Name: Firms in monopolistic competition compete on i. quality. Ii) price. Iii) marketing. A) i and ii B) ii only C) i and iii D) i, ii and iii E) ii and iii
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Question

Quizplus · Accepted Answer

Firms in monopolistic competition differentiate themselves through quality, price, and marketing strategies to attract customers, competing across all these dimensions.

Firms in Monopolistic Competition Compete on I. Quality