Monopolistic competition has

Select one:

Many firms, a differentiated product and no barriers to entry

Many firms, a differentiated product and high barriers to entry

Many firms, a homogeneous product and high barriers to entry

Many firms, a homogeneous product and no barriers to entry

Perfect competition has

Select one:

Many firms, a homogeneous product and no barriers to entry

Many firms, a homogeneous product and high barriers to entry

Many firms, a differentiated product and high barriers to entry

Many firms, a differentiated product and no barriers to entry

Perfect competition gives an efficient outcome because

Select one:

Employment is maximised because there are many firms

Producer profits are maximised

The market price is maximised and the market quantity is minimised

Consumer surplus and producer surplus are maximised

Interdependence in an oligopoly comes about because of

Select one:

High barriers to entry

A differentiated product

Collusion

A small number of firms

Clear my choice

A cartel describes the situation where

Select one:

Firms in an oligopoly actively compete with each other

Oligopoly firms act together to increase profit

Firms in an oligopoly act as though they are perfectly competitive

Advertising is the main source of product differentiation in oligopoly

The ranking of the four market structures in terms of the level of competition from most to least is

Select one:

Monopoly, oligopoly, perfect competition and monopolistic competition

Perfect competition, monopolistic competition, oligopoly and monopoly

Monopolistic competition, perfect competition, oligopoly and monopoly

Monopoly, oligopoly, monopolistic competition and perfect competition

A financial barrier to entry involves

Select one:

The ownership or control of an essential resource

A government licence or patent

The existence of economies of scale

The requirement of substantial funds

Can you reply to me as much as possible I don't want an explanation for those questions want an only?