Register now or log in to join your professional community.
a. perfectly elastic.
b. elastic.
c. unit elastic.
d. inelastic.
a. perfectly elastic.the company which aimed to be a unique and well known alongside wide range of options for selling its products must be more elastic
The answer is : Option ( B )
ELASTIC
The demand curve of monopolistic competition is elastic because although the firms are selling differentiated products, many are still close substitutes, so if one firm raises its price too high, many of its customers will switch to products made by other firms
My answer is option (B) Elastic
b. is correct answer..............................................................
answer B _________________________________
Option " B " Is My Answer
....
· Monopolistically competitive firm in demand curve faced by is elastic.
(B) THANK YOU.
b. elastic.. ......................................................................................
Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.