Respuesta :
Long-term, the monopolistic competitor's strong economic earnings will spur a response from both inside and outside companies.
A form of imperfect competition known as monopolistic competition involves numerous producers vying for customers while offering goods that are distinct from one another and, therefore, cannot be fully substituted. total control over something, especially over a business area, or the attempt to do so in order to prevent others from having any share: She didn't think the penalty was enough of a deterrent for large producers to engage in monopolistic behavior. Monopolistic behavior against the business is alleged. Monopoly is cited. Monopolistic competition, which lies between a monopoly and perfect competition and combines aspects of both, includes business with comparable but distinct product offerings. Industries with monopolistic competition include those in the food service, beauty care, home goods, and apparel sectors. Large economies of scale are possible when there are monopolies.
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