Micro_economic_MONOPOLISTIC_COMPETITION教材教学课件.pptVIP

14;The online shoe store lists athletic shooes made by 56 different producers in 40 different categories and price between$25 and $850. It offers 1,404 different types for women and 1,757 different types for men. Athletic shoe producers compete, but each has a monopoly on its own special kind of shoe. With so many different types of athletic shoes, the market isn’t perfectly competitive. The model of monopolistic competition helps us to understand the competition that we see in the markets for athletic shoes and most other goods and services we buy.;Monopolistic competition is a market struc