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.
To learn more about monopolistic competition, refer
brainly.com/question/2891218
#SPJ4
<span>They believed labor unions were preventing the wage level from galling to its appropriate level.</span>
Explanation:
When it comes to Mexico and democracy within this country, there have been many changes during their existence since their independence in 1821. The reason México never established a long term democracy, is because there were many invasions and that made a country weaker than it should have been. Therefor, Mexico does not have a constant, stable constitution. The change was pretty solid back in the 1910 when the constitution of that year was established.
Authority is shared between two separate houses and work together to make laws
True, king john is most known for signing this..............
