JSDonald
What are some of the problems with monopolistic competition?
Monopolistic competition
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replied to: JSDonald
tjared
Replied to: What are some of the problems with monopolistic competition?
One concern is its inefficiency. The cost of regulating prices for all products sold in such a market outweighs the benefits.
replied to: tjared
jwalsh
Replied to: One concern is its inefficiency. The cost of regulating prices...
Government regulation of such a market is impossible.