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:
<em>Commerce clause (Commerce power)</em>
Explanation:
Commerce clause, U.S. law Constitution<em> allowing Congress to regulate trade with, and among, foreign nations and Indian Tribes.</em>
Traditionally, the commerce clause has been viewed as both a legislative grant of positive authority and an implicit ban on state laws and regulations that conflict with or discriminate toward inter-state trade (the so-called "dormant" trade clause).
Answer:
Thomas Friedman authored a book entitled, The World Is Flat. Since that time many people have adopted a global perspective to business. Determine the security concerns that are raised by the flattening of the technological landscape.
Explanation:
Thomas Friedman authored a book entitled, The World Is Flat. Since that time many people have adopted a global perspective to business. Determine the security concerns that are raised by the flattening of the technological landscape.
It is false he was born at bobylon
