According to Chamberlin, the activity of a monopolistic competitive firm:

Question

According to Chamberlin, the activity of a monopolistic competitive firm:

A. Get noticed by the rival firms

B. Get unnoticed by the rival firms

C. Get noticed by the employees of the rival firms

D. None of the above

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According to Chamberlin, the number of firms in monopolistic competition is so large that their activities, especially about price and output, go unnoticed by the rival firms.)

Accepted Answer

B. Get unnoticed by the rival firms

According to Chamberlin, the activity of a monopolistic competitive firm:

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