MOQ
TD
re &.B
20 7
nh 10. BA
4.0
54D
6-Cspender
Moropouistic Competition ‘s o deype of * " products
Competition suah thot creme ueans
that ato diffenentioted from ont omother:
a diem Jakes the
Tr monopolishe competitor, , a sae
Prices charaed bays dwols ond Ignores the Imp
of tts own erlees on the eniees of odhan Sfnms.
The monopolistic. campelttive Strang -mooimiaes prodits
whene -maxginal revenue eopteds mn ino cost
A monopolste compotilve Sinm’s demomd eure.
4¢ downward slopmay moors that at Vtg profit
morienizing, evel of production thane will bo o
mab has of oosumen ood Prokcen surehas
And , Bin aperfecetls competitive mateket the
pentecty elastic demand curve equals a
m™morumi
avenge cot. Qn a Monepelishe mocked the “
Aemand corve\3 downwoxd toring TH Mu
long en run otus Vers to
4 ) cS