Monopolistic competition can bring the following advantages:
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∙ 11y agoWiki User
∙ 12y agother is nothing
One advantage of a monopolistic trust are that prices can remain low. Disadvantages of monopolistic trusts is that it eliminates competition and can result in an unequal distribution of wealth.
The disadventages of this is that ... well it sucks muahhahaha Disadvantages of a household in monopolistic competition are that a monopolistic competition work as one big industy and no one can start there own bussinesses because they government will not allow it.
Monopolistic Competition
monopolistic competition
Existence of large firms, no competition and influence over the prices are some of the characteristics of monopolistic competition.
In monopolistic competition, sellers can profit from the differences between their products and other products.
Advantages: Competition > profit > innovation. Disadvantages: higher costs for consumers there are losers risk for an entrepreneur
they maximize profit
Perfect Competition, Monopoly, Monopolistic Competition or Oligopoly
Pure Competition Monopolistic Competition Oligopoly Monopoly
competition embezzlement of public funds corrution
Monopolistic competition