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Question 9 of 10
Which situation is the best example of monopolistic competition?
A. Two companies own every high-speed Internet provider in a
country.
B. Several computer companies sell laptops with unique features.
C. Two gas stations operate on the same busy intersection.
O D. One company controls every steel mill in a country.

Respuesta :

Answer:B

Explanation:

on apex i took the quiz

arshikhan8123

Several computer companies sell laptops with unique features.

What is a monopolistic competition?

Monopolistic competition characterizes an enterprise wherein many corporations offer products or services which are comparable (however not perfect) substitutes. Limitations to entry and exit in a monopolistic competitive industry are low, and the selections of any person company do not without delay affect the ones of its competitors.

What are the examples of monopolistic competition?

  • Restaurants
  • Hairdressers.
  • Clothing.
  • TV programmes

Learn more about monopolistic competition here https://brainly.com/question/25717627

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