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4886448
Monopolistic Competition
Description
Advanced placement Microeconomics (Imperfect Competition ) Mind Map on Monopolistic Competition, created by Ashley Hay on 17/03/2016.
No tags specified
monopolistic competition
ap econ
ap microeconomics
microeconomics
imperfect competition
ap micro
ap
economics
microeconomics
imperfect competition
advanced placement
Mind Map by
Ashley Hay
, updated more than 1 year ago
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Created by
Ashley Hay
over 8 years ago
286
3
0
Resource summary
Monopolistic Competition
advertising to influence info
product differentiation
some influence over price
"price searchers"
many buyers and sellers
easy entry and exit (no barriers)
ex: most retail (clothes, restaurants, etc)
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