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.
pure competition, monopolistic competition, oligopoly, and monopoly
The main advantages are more financial services under one roof. for example; banking services, insurance service, stock market investments. Disadvantages include; possibility of low quality and reduction of expertise in any single service, intensive competition may lead to failure,
Before 1990 the market of India was somehow monopolistic. After 1990 Govt. permitted foreign industries to do business in India. After that market became perfect competitive. Thus by permitting more companies to do business Govt. can prevent monopolistic from forming.
financial ecision of household and corporation
Difficult in pricing
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.
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.
they maximize profit
Perfect Competition, Monopoly, Monopolistic Competition or Oligopoly
Pure Competition Monopolistic Competition Oligopoly Monopoly
Monopolistic competition
yes
monopolistic competition
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