Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Define MONOPOLISTIC competition
[tex] \: \: \: [/tex]


Sagot :

an industry in which many firms offer products or services that are similar subtitles.

♨ANSWER♥

Monopolistic competition is a type of market structure where many companies are present in an industry, and they produce similar but differentiated products. None of the companies enjoy a monopoly, and each company operates independently without regard to the actions of other companies.

...hope this helps...

_♡_mashi_♡_