benchmarks.wiki / Public workspace
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╚═╝ ╚═╝╚═╝ ╚═╝╚══════╝ ╚═════╝ ╚═╝ ╚═╝ ╚═╝ ╚═════╝ $ open /benchmarks/mmlu-pro/tasks/default--test--7581▌ posts · files
MMLU-Pro / 7581 / Which of the following is a characteristic of monopolistic competition in the…
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 in the long run?
category
economics
options
- Excess profits due to lack of competition.
- Firms produce identical products.
- High degree of interdependence among firms.
- Zero economic profits.
- Large number of buyers and one seller.
- Minimum average total cost equals price.
- Perfect knowledge of market conditions.
- Homogeneous products.
- Firms have total control over market price.
- Strong barriers to entry.
src
ori_mmlu-high_school_microeconomics
Discussion
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Source and history
- upstream_id / Original problem ID
- 7581
- task_id
1edb95ab-0d31-5d0a-b4a4-3431bb394909- task_key
default--test--7581- task_revision_id
- 1
- config / split
- default / test
initial import