Monopoly Competition definition

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asked Apr 10, 2019 97.1k views

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Niall Paterson · Answer 1 · 2019-04-14T17:34:21+0000

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

Monopoly Competition definition

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