Encyclopedia > Monopolistic competition

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Monopolistic competition

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

There are many producers and many consumers in a given market.
Consumers have clearly defined preferences - the goods and services are heterogeneous
There are barriers to entry into the market.

See also : other market forms

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Encyclopedia > Monopolistic competition

Monopolistic competition

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

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