PRINT PDF

Print Friendly and PDF

Outline four features of monopolistic competition

By -

Outline four features  of monopolistic  competition 

  • Many sellers and buyers
  • Products are differentiated
  • No barriers to entry
  • No firm has to control over factors of production
  • Products are not perfect substitutes
  • No interdependence in pricing between the firms



width=Virus-free.www.avast.com

Comments

Post a Comment

Talk about this Post:

ADTHIS

SHARE

sponsors

Latest Questions with Answers

Loading...

Popular posts from this blog

List down eight achievements of King David in Israel

By -
Image
List down eight achievements of King David in Israel (8mks) He defeated the armies of the neighboring Kingdoms He established the geographical  boundaries of Israel after various military victories He established Israel as the powerful state in the middle East He killed the Philistine Warrior, Goliath through faith in God He seized Jerusalem from the Jebusites and made it his capital city He recovered the Ark of Covenant from the Philistines and brought it to Jerusalem He chose wise elders and counsellors to help him rule He composed many hymns and wrote the book of psalms He united the people of Israel by making Jerusalem a religious center He listened to the prophets of God such as Nathan He advised his son Solomon to obey Gods commandments in order to succeed as a king He established the longest serving dynasty known as the David...
Read more

Contact Form

Name

Email *

Message *