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Revision Presentation - Monopolistic Competition

AQA, Edexcel, OCR, IB

Last updated 21 Mar 2021

Monopolistic competition is a form of imperfect competition. It can be found in many real world markets ranging from clusters of sandwich bars, other fast food shops and coffee stores in a busy town centre to pizza delivery businesses in a city or hairdressers in a local area. Monopolistic competition is similar to perfect competition, some economist regard it as more realistic, because the products are differentiated

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