Sign In
Ask Question
Keyon Abbott
Social Studies
21 June, 22:35
Importance of monopolistic competition
+1
Answers (
1
)
Ernesto Pitts
21 June, 23:00
0
Monopoly competition is even one of the most common forms of market. Monopoly competition is a form of market that mixes situations in a competitive market with situations in a monopoly. In monopolistic competition, firms compete with similar, but not identical, products. Thus, the products sold can be considered substitutes, but they are not perfect substitutes. The main element of perfect competition present in monopoly competition is the free entry of firms. In other words, the sector can at all times become more competitive.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“Importance of monopolistic competition ...”
in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of these would be least likely to be impacted by Iron Triangle? A. U. S. Supreme Court B. Speaker of the House C. President of the Senate D. Secretary of the Interior
Answers (2)
9. What ensures that all individuals have certain rights over the control and use of their medical records, and provides a clear path of recourse if their medical privacy is compromised?
Answers (1)
Josiah is a cellist preparing for his audition at Julliard, a world-renowned music school. The night before his audition, Josiah suffers an abrupt paralysis in his right arm. He has no known medical conditions that are associated with this symptom.
Answers (1)
How does freedom of speech in the united states differ in wartime and peacetime. refer to supreme court decisions?
Answers (1)
What is a minority government?
Answers (2)
New Questions in Social Studies
Where do you the find high levels of irrigation in UAE and India.?
Answers (1)
Who developed the cognitive problem solving view of dream analysis?
Answers (1)
What advantage of a market economy is it ability to
Answers (1)
What is the total amount of members in the general assembly in Illinois
Answers (1)
Rebecca took her first step in her experience design process by articulating the characteristics of people she believes are most likely to be enthusiastic about her offerings.
Answers (1)
Home
»
Social Studies
» Importance of monopolistic competition
Sign In
Sign Up
Forgot Password?