monopolistic competition
monopolistic competition · monopolistic competitions
A type of market structure that shares both characteristics of perfect competition and…A type of market structure that shares both characteristics of perfect competition and that of monopoly depending on the time frame (long-run or short-run).
Meaning
1 sensesA type of market structure that shares both characteristics of perfect competition and that of monopoly depending on the time frame (long-run or short-run).
Forms
plural: monopolistic competitions| Singular | monopolistic competition |
|---|---|
| Plural | monopolistic competitions |
regular