Monopolistic competition

Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

Rarity follows how well known the article is: its views on the French and English Wikipedia over a year, and the number of languages it exists in.

At a glance

Class

Notion

Domain

Science and technology

In collections

Nobody has pulled it yet.

What Wikipedia says

Monopolistic competition is a type of imperfect competition such that there are many producers competing against each other but selling products that are differentiated from one another (e.g., branding, quality) and hence not perfect substitutes.

Excerpt from the Wikipedia article “Monopolistic competition”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Sheitan at English Wikipedia, CC BY-SA 3.0, via Wikimedia Commons.