The Downward Sloping Demand Curve Of A Monopolistic Competitor Indicates Collusion Among The Members Of The Product Group. Becomes Eventually Horizontal In The Long Run. Reflects Some Level Of Control Over Its Own Price. Ensures That The Firm Will Produce At Minimum Average Cost In The Long Run..

 

The downward-sloping demand curve of a monopolistic competitor indicates collusion among the members of the product group. becomes eventually horizontal in the long run. reflects some level of control over its own price. ensures that the firm will produce at minimum average cost in the long run..