0
Examples of monopolistic competition can be found in every high street. Monopolistically competitive firms are most common in industries where differentiation is possible, such as:
- The restaurant business
- Hotels and pubs
- General specialist retailing
- Consumer services, such as hairdressing
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Types of Market Competition?
Perfect Competition, Monopoly, Monopolistic Competition or Oligopoly
What are three types of business competition?
Pure Competition Monopolistic Competition Oligopoly Monopoly
Give some examples of monopolistic competition?
Utility companies generally have a monopoly, but it is highly regulated by government. Some telecom companies had state-sponsored monopolies until recently (see Comcast/AT&T in Mighican).
Types of imperfect competition?
Imperfect competition is a competitive market situation where there are many sellers, but they are selling dissimilar goods. There are four types of imperfect markets, one is a monopoly, an oligopoly, a monopolistic competition, and a monopsony.
Why competitors are interested in the business?
As competition is an integral part of any business excepting monopolistic one, competitors are interested in it to upgrade their products,reduce overhead costs to offer customers their products at a cheaper price.But unfair competition is always unwelcome and should be avoided,to the detriment of the ultimate consumers.
Give detailed example of monopolistic competition in pakistn?
in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.
Is product of shampoo include in monopolistic or perfect competition?
Monopolistic Competition
Is Best Buy an oligopoly or monopolistic competition?
monopolistic competition
Give an example of a monopolistic market industry?
the common examples of monopolistic competition are foods,clothes,newspaperetc
What is the explanation for the features of monopolistic competition?
Existence of large firms, no competition and influence over the prices are some of the characteristics of monopolistic competition.
Which is the main difference between perfect competition and monopolistic competition?
In monopolistic competition, sellers can profit from the differences between their products and other products.
What are the disadvantages of household in monopolistic competition?
The disadventages of this is that ... well it sucks muahhahaha Disadvantages of a household in monopolistic competition are that a monopolistic competition work as one big industy and no one can start there own bussinesses because they government will not allow it.
What does monopolistic competition and perfect competition have in common?
they maximize profit
Types of Market Competition?
Perfect Competition, Monopoly, Monopolistic Competition or Oligopoly
What are three types of business competition?
Pure Competition Monopolistic Competition Oligopoly Monopoly
Is online auctioning oligopoly?
Online auctioning is an example of Pure Competition. Here are some examples of the others: Monopoly - Sewer Service Monopolistic Competition - Video Rental Oligopoly - Digital Cameras
What is the market structure of Nestle?
Monopolistic competition
