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

at a concession, stand seven hotdogs and two hamburgers cost $12.75; two hot dogs and seven burgers cost $16.50. find the cost of one hot dog and one burger.
Cara has $25 to buy dry pet food and treats for the animal shelter. A pound of dog food cost $2 and treats are $1 apiece. If she buys 9 pounds of food, what is
Word problems with rational numbers
What territories did Cyrus's successors add to the Persian empire
Over the weekend, the All Smiles Run had 16,478 participants for the Half Marathon. The All Smiles 10K had 6,924 participants, and the 5-Mile Walk had 3,067 par
which substance cannot be broken down by a chemical change? 1) ammonia 2) ethanol 3) propanol 4) zirconium
What is the sign of the product of three integers with the same sign
Which identifies all the integer solutions of |x| = 17? a. –17 and 17 b. 0 only c. 17 only d. –17 only
This is Europe's major mountain range. It contains some of Europe's tallest peaks.
3/4x-9=27 solve this equation