问题如下:
Monopolistic competition is characterized by:
选项:
A.substitutes: none, pricing power: some, barriers to entry: low, nature of competition: marketing.
B.substitutes: good, pricing power: limited, barriers to entry: high, nature of competition: advertising
C.substitutes: good, pricing power: limited, barriers to entry: low, nature of competition: marketing
解释:
C is correct.
Good substitutes, limited pricing power, low barriers to entry and marketing of products are characteristics of monopolistic competition.
考点:垄断竞争市场
解析:垄断竞争市场上的商品是可以相互替代的。并且该市场的进入壁垒很低。厂商议价能力有限,因此要做市场推广营销。
老师,monopoly competition中,冲刺的表单里写的是,firm是many的,degree of difference of products是some,进入壁垒是relatively easy,然后价格的控制是price searcher,和现在这里的答案感觉不太一样呢。