问题 单项选择题

The demand curves faced by monopolistic competitors is:()

A. inelastic due to the availability of many complementary goods.

B. elastic due to the availability of many close substitutes.

C. flat due to the allocative efficiency of price searcher markets.

答案

参考答案:B

解析:

The demand for products from monopolistic competitors is elastic due to the availability of many close substitutes. If a firm increases its product price, it will lose customers to firms selling substitute products.

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