Bonusp -Test Assigne × @ Take a Test-Aashraya ll ×.gchegg Study Guided S Kastubn

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Bonusp -Test Assigne × @ Take a Test-Aashraya ll ×.gchegg Study Guided S Kastubnkalar ige +x × C Secure https://www.mathxl.com/Student/Player lestasp history d-96093 1 1/3201 //82&testid;=1/3201//g ccng econ xly62fsl Econ 1B03 Evening Section Aashraya Mehta& Quiz: Bonus Pre-Test #3 Submit Quiz This Question: 1 pt 8 of 17 This Quiz: 20 pts possible What type of products do monopolistically competitive firms produce compared to oligopolies? O A. Monopolistically competitive firms produce identical products and oligopolies product differentiated products 0 B. Monopolistically competitive firms produce unique products and oligopolies produce homogenous products. ° C. Monopolistically competitive firms produce differentiated products and oligopolies product identical products. 0 D. Monopolistically competitive firms produce homogenous products and oligopolies product unique products. a o O Type here to search

Explanation / Answer

Ans is C

Monopolistic firms produce differentiated goods i.e. Not homogenous goods whereas oligopoly produce homogenous or identical product.

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