The following figure depicts four different market situations.

-Refer to the figure above.Which of the four market situations depicts a monopolistically competitive market in which there is likely to be more firms entering in the long run?

Question

The following figure depicts four different market situations.
 
-Refer to the figure above.Which of the four market situations depicts a monopolistically competitive market in which there is likely to be more firms entering in the long run?

Quizplus · Accepted Answer

The Answer of The following figure depicts four different market situations.
 
-Refer to the figure above.Which of the four market situations depicts a monopolistically competitive market in which there is likely to be more firms entering in the long run?

The Following Figure Depicts Four Different Market Situations