Economics · Monopolistic Competition
In Chamberlin's alternative model of monopolistic competition, excess capacity arises primarily due to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Absence of active price competition despite free entry and exit✓
- 2Presence of active price competition with free entry and exit
- 3Presence of active price competition alone
- 4Free entry and exit alone
Correct answer
Absence of active price competition despite free entry and exit
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Monopolistic Competition MCQs →Want more practice questions on Monopolistic Competition?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Monopolistic Competition