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monopolistic competition

imperfect competition of differentiated products that are not perfect substitutes

en-US/məˌnɑpəˈlɪstɪk ˌkɑmpɪˈtɪʃən/
en-GB/məˌnɒpəˈlɪstɪk ˌkɒmpəˈtɪʃən/

Categories:

market structure