Question

the more it costs to enter a monopolistically competitive market, the more a firm currently in that market must worry about losing busi
a. false
b. true

Explanation:

In monopolistically competitive markets, barriers to entry (like high entry costs) limit the number of new firms that can enter. If entry costs are high, new competitors are less likely to enter. So, a firm already in the market has less worry about losing business to new entrants. Thus, the statement is false.

Answer:

A. False