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Why is restaurants a example of monopolistic competition?
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Are cars an example of monopolistic competition?
Yes. [Product differentiation]
Give detailed example of monopolistic competition in pakistn?
in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.
Is product of shampoo include in monopolistic or perfect competition?
Monopolistic Competition
What is an example company that operates under monopolistic competition?
One example of a company that operates under monopolistic competition is Starbucks. In this market structure, Starbucks differentiates its products through branding, quality, and customer experience, allowing it to have some control over pricing and attract loyal customers despite facing competition from other coffee shops.
Which is the main difference between perfect competition and monopolistic competition?
In monopolistic competition, sellers can profit from the differences between their products and other products.
Why is restaurants a example of monopolistic competition?
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Which of the following markets is an example of monopolistic competition?
bookbags
How is monopolistic competition similar to perfect competition?
Monopolistic competition is a common market structure where many competing producers sell products that are differentiated from one anotherperfect competition occurs in markets in which no participant has market power
Are cars an example of monopolistic competition?
Yes. [Product differentiation]
Is product of shampoo include in monopolistic or perfect competition?
Monopolistic Competition
Give detailed example of monopolistic competition in pakistn?
in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.
What is an example company that operates under monopolistic competition?
One example of a company that operates under monopolistic competition is Starbucks. In this market structure, Starbucks differentiates its products through branding, quality, and customer experience, allowing it to have some control over pricing and attract loyal customers despite facing competition from other coffee shops.
What best states the main difference between a monopoly and a monopolistic competition?
monoplistic competition involves slightly differentiated products while monoply involves a single product.
How is monopolistic competition like monopoly?
Monopolistic competition is an imperfect form of competition where the products sold by each competing company are similar, but not identical. An example is that of Android smartphones. So, although the supply of each phone product is a monopoly, a similar product from another manufacturer will be a suitable substitute for most consumers.
What is a market structure in which many companies sell products that are similar but not identical?
monopolistic competition
What is a market structure in which companies sell products that are similar but not identical called?
monopolistic competition
