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monopolistic competition

noun

Definitions

  1. 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).

The neighborhood

Vish — recursive loop

No curated loop yet for monopolistic competition. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA