Monopolistic Competition | MCQs

    Q1: In monopolistic competition, long-run equilibrium involves?

    اجارہ داری مقابلہ میں، طویل مدتی توازن شامل ہے؟
    • A. Excess capacity
    • B. Homogeneous products
    • C. Perfect price discrimination
    • D. Zero economic profit

    Q2: In monopolistic competition, product differentiation refers to?

    اجارہ داری مقابلہ میں، مصنوعات کی تفریق سے مراد؟
    • A. Offering unique products with no substitutes
    • B. Offering identical products to consumers
    • C. Offering products at the same price as competitors
    • D. Offering products that are similar but not identical
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