Monopolistic Competition

Ashley Hay
Mind Map by Ashley Hay, updated more than 1 year ago
Ashley Hay
Created by Ashley Hay about 4 years ago
86
2

Description

Advanced placement Microeconomics (Imperfect Competition ) Mind Map on Monopolistic Competition, created by Ashley Hay on 03/17/2016.

Resource summary

Monopolistic Competition
1 advertising to influence info
2 product differentiation
3 some influence over price
3.1 "price searchers"
4 many buyers and sellers
5 easy entry and exit (no barriers)
6 ex: most retail (clothes, restaurants, etc)
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