What are the assumptions of the theory of monopolistic competition? In what way do these assumptions differ

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What are the assumptions of the theory of monopolistic competition? In what way do these assumptions differ from those of the perfectly competitive model?

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Microeconomics Theory and Applications

ISBN: 978-1118758878

12th edition

Authors: Edgar K. Browning, Mark A. Zupan

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Question Posted: Nov 14, 2014 08:27 AM

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What are the assumptions of the theory of monopolistic competition? In what way do these assumptions differ

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Microeconomics Theory and Applications

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