Main Features of Monopolistic Competition

Main Features of Monopolistic Competition - i) Large Number...

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Main Features of Monopolistic Competition: Monopolistic competition is a modern form of the market. A large variety of goods are sold in such a market. Its main features can be stated as follows:
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Unformatted text preview: i) Large Number ii) Close Substitutes iii) Group iv) Product Differentiation v) Selling ( Advertising ) Cost...
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This note was uploaded on 11/26/2011 for the course ECONOMIC ec 201 taught by Professor - during the Fall '10 term at Montgomery.

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