Multiple Choice Questions on There is a type of competition in monopolistic competition ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

There is a type of competition in monopolistic competition ........

Economics (CUET) Market Equilirium
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    There is a___________type of competition in monopolistic competition.

     

    Non-Price


     

    Correct Answer

    Price


     

    Incorrect Answer

    Cut throat

    Incorrect Answer

    Situational

    Incorrect Answer
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    Explanation:

    Option (1) is correct.
    Explanation: Non-price competition like selling cost and advertisement is present in monopolistic competition.

     

    By: Parvesh Mehta
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