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Definition of monopolistic competition in English: monopolistic competitionnoun another term for imperfect competition Example sentencesExamples - The need for newsroom investment to improve quality can be explained at least partially by the theory of monopolistic competition.
- He hasn't changed his substantive views on comparative advantage or monopolistic competition.
- Called the umbrella model and later the ring model, this competition across city and county lines and among newspapers with different publication cycles represents a form of monopolistic competition.
- It's usually hard to draw the line, however, between legitimate defensive strategies and monopolistic competition.
- Although the newspaper industry does not fit all the assumptions of classic economic theory, readers' behavior can be explained at least partially by the theory of monopolistic competition.
- As a consequence, Miksch regards a competition-political evaluation of Edward Chamberlin's studies on monopolistic competition as inevitable.
- If the inefficiency of monopolistic competition is used to critique public water utilities, it is contradictory to advocate for the switch to a private monopoly.
- The most pervading sociological frame in this regard is inspired by the works of Simmel and also discerned in Chamberlin's ideas concerning monopolistic competition.
- He argues that monopolistic competition, rather than imitation, is the likely path to long-term viability for industrial agglomeration in the movie industry of the twenty-first century.
- The AOA is all about consolidating the monopolistic competition between the US and the EU for third country markets.
- The framework of monopolistic competition lies somewhere in between the Walrasian two approaches: Profit maximizing occurs with a demand constraint, modelled by a demand function.
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