【单选题】Which of the following best explains why monopolistically competitive firms face a downward sloping demand curve while perfectly competitive firms do not?
A.
Monopolistically competitive firms sell a differentiated good.
B.
Monopolistically competitive industries have only a few firms.
C.
Monopolistically competitive firms have barriers to entry.
D.
Only industries with free entry and exit have firms that face horizontal demand curves.
【简答题】Sports are by nature competitive. But recently, the over-competitive nature youth sports seem to have taken on has led to cause for ____. Those who are strongly against competition point out that in a...