单选题 Is monopolistic competition a market in which: each seller produces a differentiated product? compete on price, quality, marketing ? ①A. No No ②B. No Yes ③C. Yes Yes A. ① B. ②C. ③

【正确答案】 C

【答案解析】Monopolistic competition has the following market characteristics: A large number of independent sellers. Each seller produces a differentiated product, Firms compete on price, quality, and marketing. Low barriers to entry.