Monopoly and Monopolistic Competition (Similarities and Dissimilarities)

ADVERTISEMENTS: In this article we will discuss about the similarities and dissimilarities between Monopoly and Monopolistic Competition Similarities between Monopoly and Monopolistic Competition: The following are the points of similarities between the two market situations: (1) Both in monopoly and monopolistic competition, the point of equilibrium is at the equality of MC and MR and … Continue reading Monopoly and Monopolistic Competition (Similarities and Dissimilarities)