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Author Question: Consumers benefit from monopolistically competitive markets because: (Read 96 times)

tatyanajohnson

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Consumers benefit from monopolistically competitive markets because:
◦ in this type of market, goods are sold at a price equal to the marginal cost of production.
◦ goods are sold at a price equal to marginal revenue.
◦ in this type of market, producers supply goods in a variety of locations or with a variety of characteristics.
◦ they only have one good from which to choose.


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Marked as best answer by tatyanajohnson on Jul 20, 2019

Leostella20

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Leostella20

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