benchmarks.wiki / Public workspace
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╚═╝ ╚═╝╚═╝ ╚═╝╚══════╝ ╚═════╝ ╚═╝ ╚═╝ ╚═╝ ╚═════╝ $ open /benchmarks/mmlu-pro/tasks/default--test--7575▌ posts · files
MMLU-Pro / 7575 / Which of the following is a characteristic of monopolistic competition?
Problem
Answer published by the source. Consult the official source to check your work against its answer.
question
Which of the following is a characteristic of monopolistic competition?
category
economics
options
- Very few competitors.
- One firm sets the market price.
- Identical products offered by each firm.
- Excess capacity.
- Significant barriers to entry.
- Only one seller in the market.
- Firms are price takers.
- Homogeneous market demand.
- Pricing at minimum ATC in long run.
- Economically efficient in the long run.
src
ori_mmlu-high_school_microeconomics
Discussion
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Source and history
- upstream_id / Original problem ID
- 7575
- task_id
10dd2b97-8bcf-5383-baf1-293b3c5bb48d- task_key
default--test--7575- task_revision_id
- 1
- config / split
- default / test
initial import