答案如下
Monopolistic competition differs from pure monopoly in that:
A) monopolistic competitors are price takers, monopolists are not. B) monopolistic competitors face a downward sloping demand curve, monopolists do not. C) barriers to entry are high under monopoly, but low under monopolistic competition. D) monopolists maximize profit; monopolistic competitors do not.
Your answer: C was correct! Monopolistic competition is characterized by the low barriers to enter its competitive markets. In contrast, a monopoly exists only where there are high barriers to market entry.
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