How does economic rivalry take place in monopolistic competition? Does it even make sense to talk about "product differentiation" when you're choosing among different places to buy the same brand of something like soap or socks (various clothing and department stores, large grocery stores, online vendors--we're considering differentiating the vendor, in this case, not the product)? Similarly, does this concept apply when we're considering something like gardening services, or getting concrete poured, or hiring a plumber? 4 Describe the different aspects of product differentiation and price competition. If you can come up with your own example, I'll really be happy. As in the past. I'm looking for a thoughtful paragraph or two that shows you're thinking about monopolistic competitors (not oligopolists), so please spend as much time thinking as you do typing. Please comment substantively (at least a couple of sentences) on two of your classmates' responses, and be active on at least two different dates for full credit. As always, any response that seems to quote too extensively from your text OR from any other source will receive NO points. search entries or author Unread