MICROECONOMICS.pptxvhj jjjk search for my project work on the same line ðŸ¤
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Oct 13, 2024
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About This Presentation
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Size: 311.15 KB
Language: en
Added: Oct 13, 2024
Slides: 8 pages
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MICROECONOMICS
MONOPOLISTIC COMPETITION What is monopolistic competition????
IN REALITY…. Restaurants FMCG Newspapers
SHORT RUN
Short run losses
LONG RUN
Effect of change in market demand
FEATURES OF MONOPOLISTIC COMPETITION Large Number of Sellers Product Differentiation Freedom of Entry and Exit Selling Cost Absence of Interdependence Two Dimensional Competition Concept of Group Falling Demand Curve