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- Why does monopolistic competition deliver neither productive nor allocative efficiency?
- Chapter 12 of the textbook or peer reviewed source no investopedia.
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Running head: MONOPOLISTIC COMPETITION
Monopolistic Competition
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MONOPOLISTIC COMPETITION
2
Monopolistic competition is a market structure where firms compete but sell different
products. Some of its attributes include, each firm makes its own pricing decisions based on its
costs of production, the entrepreneur has more roles than in a perfectly competitive ma...
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