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
Answer:
Heat from this hotspot produced a persistent source of magma by partly melting the overriding Pacific Plate. The magma, which is lighter than the surrounding solid rock, then rises through the mantle and crust to erupt onto the seafloor, forming an active seamount.
Explanation: hope this helps
The answer is “Nixon
instituted a lottery system.”
<span>This was instituted by President Nixon during the
Vietnam War. This was one of the best ways to add more people in the military
as volunteer soldiers. However, the lottery system had caused more issues does was
revised.</span>
The correct answer is 3
Stuart is walking past his bedroom door and accidentally slams his elbow into the door frame. The pain is sharp, immediate, and intense. The next morning his pain is a dull ache that bothers him throughout the day. The initial pain Stuart felt was caused by <u>fast</u> fibers, whereas the pain he felt the next morning was caused by <u>slow</u> fibers.
<span>Cognitive-behavioral therapy has the goal of dealing with problems and improving general happiness by eliminating self-destructive emotions, behavior, and thoughts. It focuses on solutions to the current issues, rather than exploring causes from childhood like Freud. It seeks to help the patient bring about change for themselves.</span>
