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Which of the following statement is correct? a. firms in monopoly can sell non-commodities while firms in monopolistic competition cannot. b. firms in monopoly can sell a commodity while firms in monopolistic
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Which of the following statement is correct?

a. firms in monopoly can sell non-commodities while firms in monopolistic competition cannot.
b. firms in monopoly can sell a commodity while firms in monopolistic competition cannot.
c. firms in monopoly are price setters while firms in monopolistic competition are not.
d. firms in monopoly can make economic profit in the short run while firms in monopolistic competition cannot.

User Mansfield
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9 votes

Answer:

the correct answer I to this question is c

User Juderb
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