In a Monopolistic Competition, each seller delivers a differentiated product which is easily different from its close substitutes. The two main features of Monopolistic Competition are development differentiation and selling expenses.
<h3>What is the connection between product differentiation and monopolistic competition?</h3>
monopolistic competition guides to a market where many firs sell differentiated products. differentiation can arise from aspects of the good or service.
<h3>Why is product differentiation required for monopolistic competition?</h3>
Product differentiation is necessary for monopolistic competition because sellers in monopolistic competitor gain their limited monopoly-like control by making a distinctive product or by convincing customers that their product is different than the competition.
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Answer:
You don't have to be the same to be in harmony, we can find peace in our differences
Explanation:
Answer:
we need fiberglass for an alternative home because Fiberglass as an insulator slows the spread of heat, cold, and sound in structures. The material does this by trapping pockets of air, keeping rooms warm in the winter and cooler in the summer, according to the International Association of Certified Home Inspectors...
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Indian Standards Institute.
