ibbyali1829 ibbyali1829
  • 02-12-2020
  • Advanced Placement (AP)
contestada

Difference between monopoly and monopolistic competition

Respuesta :

zowiereid24
zowiereid24 zowiereid24
  • 02-12-2020

Answer:

monopolistic competition is when an industry has many firms offering products that are similar but not identical. unlike a monopoly, these firms have little power to set curtail supply or raise prices to increase profit. Monopolies dictate over a specific thing so they are the only thing that is selling.

Explanation:

google & known knowledge

Answer Link

Otras preguntas

I need help as soon as posable
Need help with number 4
Podaj podaj 5 podobieństwa między Akademia Pana Kleksa a zwykłą szkoła
The sum of three consecutive integers is 54 what is the greatest of the three integers
Choose the correct indefinite article for this word: leccion A. unos B. una C. unas D. un
What are the unit rates? FOR ALL OF THEM.
What is the scientific notation for 1700
how many presidents are there?
Which of the following is not an example of how Africans viewed land? A) communities shared land. B) Land was worked by the community. C) Land was so importa
What is the sum of 2xy and 17xy?