Which of the following would not be a monopolistic competitor?

Question

Quizplus · Accepted Answer

International Business Machines (IBM) is a large and well-established corporation that operates in various markets globally, making it unlikely to be a monopolistic competitor. Monopolistic competitors usually operate in smaller, niche markets with fewer competitors.

The other options (A, B, C, and E) are all examples of businesses that could potentially be monopolistic competitors. Mother's café, Mr. Nice Guy's rent-a-tuxedo, Andy's magic shop, and "Two Gals and a Lawnmower" lawn service are all examples of businesses operating in niche markets with some degree of product differentiation and branding power.

Which of the Following Would Not Be a Monopolistic Competitor