The "Thinking Green" box titled,"More Profits from the Green Revolution",describes the green revolution.The auto industry is participating in this revolution.Farmers are participating in this revolution.By promoting the fact that they sell "green" products,or that they utilize "green" techniques to produce the products and services that they sell,firms who fall under a _______________ type market may have opportunity to differentiate themselves from the competition.
A)purely competitive
B)oligopolistic
C)monopolistic
D)monopolistic competition

Question

Quizplus · Accepted Answer

Monopolistic competition markets have many firms competing but each firm tries to differentiate itself in order to stand out from the competition. By promoting their "green" practices or products, firms can differentiate themselves in a crowded marketplace.

The "Thinking Green" Box Titled,"More Profits from the Green Revolution",describes