Which is not the Characteristics of Monopolistic Competition:

CA Foundation · Business Economics · MTP · January 2026
Which is not the Characteristics of Monopolistic Competition:
(A) A. Large number of sellers
(B) B. Homogeneous Product
(C) C. Freedom of entry and exit
(D) D. Non Price Discrimination

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Homogeneous Product

Topics: Price Determination in Different Markets

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic