单选题 Monopolistic competition differs from pure monopoly in that: A. monopolists maximize profits and monopolistic competitors do not. B. monopolistic competitors face a downward-sloping demand curve and monopolists do not. C. monopolistic competitors have low barriers to entry and monopolists do not.

【正确答案】 C

【答案解析】Another name for monopolistic competition is a competitive price searcher market. Monopolistic competition refers to a large number of independent sellers, each produces a differentiated product, each market has a low barrier to entry, and each producer faces a downward sloping demand curve.