Monopolistic Competition by James DeNicco

video locked

About the Lecture

The lecture Monopolistic Competition by James DeNicco is from the course Principles of Microeconomics (EN). It contains the following chapters:

  • Attributes for a Monopolistic Competition
  • Monopolistic Competition in Short and Long Run
  • Monopolistic Competition and Societal Welfare
  • Recap

Included Quiz Questions

  1. Firms produce identical products.
  2. There are many firms competing for the same customers.
  3. The number of firms in the market adjust until economic profits are zero.
  4. Firms face a downward sloping demand curve.
  1. price > average total cost ; price = average total cost
  2. price > average total cost ; price > average total cost
  3. price = average total cost ; price > average total cost
  4. price = average total cost ; price = average total cost

Author of lecture Monopolistic Competition

 James DeNicco

James DeNicco


Customer reviews

(1)
5,0 of 5 stars
5 Stars
5
4 Stars
0
3 Stars
0
2 Stars
0
1  Star
0

or
Unlock lecture 6.90
USD8.09
GBP5.91