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Monopolistic CompetitionFind an example of a monopolistic competitive firm What firm are you using as your example? How did you determine that this firm was

Monopolistic CompetitionFind an example of a monopolistic competitive firm

  • What firm are you using as your example? How did you determine that this firm was an example of monopolistic competition rather than oligopoly?
  • How does this firm differentiate its product? Does this assist consumers? If so, how?
  • Do you think that this firm's product differentiation results in higher prices?
  • Based on your previous answers, do you think this is an example of an efficient market? Why or why not?

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