10. Read the following online article: http://20 somethingfinance.com/why-eyeglasses-are-so -expensive-how-you-can-pay-less. Using your understanding of monopolistic competition and markup,...
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10. Read the following online article: http://20 somethingfinance.com/why-eyeglasses-are-so
-expensive-how-you-can-pay-less. Using your understanding of monopolistic competition and markup, explain why retail customers pay so much more for eyeglasses than online customers do. You can also watch this video from Adam Ruins Everything for an interesting explanation:
www.youtube.com/watch?v=CAeHuDcy_bY.
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