Recent Articles



































Monopolistic competition



         


The form of economic competition known as Monopolistic competition occurs when:

  1. There are many producers and many consumers in a given market.
  2. Consumers have clearly defined preferences - the goods and services are heterogeneous
  3. Freedom of entry.


See also : other market forms


List of Marketing TopicsList of Management Topics
List of Economics TopicsList of Accounting Topics
List of Finance TopicsList of Economists




  View Live Article   This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License