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define monopolystic competitions
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define monopolystic competitions Related: Scanner Chapter - Indiffere...
Well basically when the situation of market is like that where there r large number of competing firms which produce products which r close but not perfect substitutes of each other or in other words products which are differentiated at that point we call the situation as monopolistic competition .Now that difference can be on the basis of brand,size,color,shape,etc.
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define monopolystic competitions Related: Scanner Chapter - Indifference Curve, Micro Economics, Class 12
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define monopolystic competitions Related: Scanner Chapter - Indifference Curve, Micro Economics, Class 12 for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about define monopolystic competitions Related: Scanner Chapter - Indifference Curve, Micro Economics, Class 12 covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for define monopolystic competitions Related: Scanner Chapter - Indifference Curve, Micro Economics, Class 12.
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