7-3 vocabulary jw
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | monopolistic competition
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| is the effort to distingquish a product from similar products. | show 🗑
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| show | Nonprice competition
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| a moderated discussion with small groups of consumers. | show 🗑
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| is a market structure in which only a few sellers offer a similar product. | show 🗑
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| is a company's percent of total sales in a market. | show 🗑
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| The expenses that a new business faces when it enters a marekt. | show 🗑
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| What are four characteristics of monopolistic competition? | show 🗑
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| show | Few sellers and many buyers Standardized or differentiated products More control over prices Little freedom to enter or exit market
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joannw15
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