Question

multiple choice question entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low competitors are large firms existing firms experience economies of scale advertising is not required product development is unnecessary need help? review these concept resources. read about the concept

Explanation:

In monopolistically competitive industries, low capital requirements mean new firms can more easily enter the market as they don't need a large - scale initial investment. Large competitors, economies of scale for existing firms, and the ideas that advertising and product development are unnecessary would act as barriers or have no positive relation to easy entry.

Answer:

capital requirements are low