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Business, 18.06.2020 01:57 bermudezs732

Which of the following best states the main difference between a monopoly and monopolistic competition? A. Monopolistic competition involves corporations and oligopolies while monopolies involve only corporations.

B. Monopolies involve a much lower level of competition than
monopolistic competition.

C. Both monopolies and near monopolies can exist with a certain low level of competition.

D. Monopolistic competition involves slightly differentiated products while monopoly involves a single product.

The answer D. Monopolistic competition involves slightly differentiated products while monopoly involves a single product.

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