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    5. Which one of the following is not a feature of monopolistic competition?

    Question

    Which one of the following is not a feature of

    monopolistic competition?
    A Large number of buyers and sellers in the market Correct Answer Incorrect Answer
    B Differentiated products constitute the market Correct Answer Incorrect Answer
    C Product in homogeneous the market is homogeneous Correct Answer Incorrect Answer
    D Selling costs are used for sale promotion. Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
      More ESIC Part B Questions
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      (II) Best Performance in ...

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    Relevant for Exams:

    • UPSC EO/AO

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