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Illusion [34]
3 years ago
5

Monopolistic competitors in the food industry, acting in their own self-interest, will often include a recyclable symbol on pack

aging used for their product as a means to
Business
1 answer:
anygoal [31]3 years ago
5 0

Answer:

Differentiate their products

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

examples of monopolistic competition are restaurants

A monopolistic firm in the food industry acting in their own self-interest, will often include a recyclable symbol on packaging used for their product to Differentiate their products. This is meant to communicate to consumers that they are different from other firms in the industry

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The amount of the average investment for a proposed investment of $218,000 in a fixed asset with a useful life of four years, st
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