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

How long a period was prehistory? a. more than two hundred years b. about eight thousand years c. more than two million years d. about sixteen thousand year
When France fell to the Nazis in 1940, President Roosevelt issued the first-ever ________ draft. A. wartime B. nationwide C. peacetime D. selective
Enlightenment thinkers questioned traditional ideas about.? a.) government b.) medicine c.) religion d.) science
0.800 rounnded off to the nearest tenth
Is 50% a rational or irrational number
Find all the real square roots of 0.0625
5.78, 5.7001, 5.701, 5.71, 5.7 from least to greatest
3 medical services offered by school health services
A relationship in which one organism is helped and another organism is neither helped nor harmed is called
who was king Louie the 3rd