Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Monopolistic_competition> ?p ?o }
- Monopolistic_competition abstract "Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes. In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms. In the presence of coercive government, monopolistic competition will fall into government-granted monopoly. Unlike perfect competition, the firm maintains spare capacity. Models of monopolistic competition are often used to model industries. Textbook examples of industries with market structures similar to monopolistic competition include restaurants, cereal, clothing, shoes, and service industries in large cities. The "founding father" of the theory of monopolistic competition is Edward Hastings Chamberlin, who wrote a pioneering book on the subject, Theory of Monopolistic Competition (1933). Joan Robinson published a book The Economics of Imperfect Competition with a comparable theme of distinguishing perfect from imperfect competition.Monopolistically competitive markets have the following characteristics:There are many producers and many consumers in the market, and no business has total control over the market price.Consumers perceive that there are non-price differences among the competitors' products.There are few barriers to entry and exit.Producers have a degree of control over price.The long-run characteristics of a monopolistically competitive market are almost the same as a perfectly competitive market. Two differences between the two are that monopolistic competition produces heterogeneous products and that monopolistic competition involves a great deal of non-price competition, which is based on subtle product differentiation. A firm making profits in the short run will nonetheless only break even in the long run because demand will decrease and average total cost will increase. This means in the long run, a monopolistically competitive firm will make zero economic profit. This illustrates the amount of influence the firm has over the market; because of brand loyalty, it can raise its prices without losing all of its customers. This means that an individual firm's demand curve is downward sloping, in contrast to perfect competition, which has a perfectly elastic demand schedule.".
- Monopolistic_competition thumbnail Short-run_equilibrium_of_the_firm_under_monopolistic_competition.JPG?width=300.
- Monopolistic_competition wikiPageExternalLink monopolistic1.php.
- Monopolistic_competition wikiPageID "18880".
- Monopolistic_competition wikiPageLength "19439".
- Monopolistic_competition wikiPageOutDegree "40".
- Monopolistic_competition wikiPageRevisionID "668809130".
- Monopolistic_competition wikiPageWikiLink Advertising.
- Monopolistic_competition wikiPageWikiLink Atomistic_market.
- Monopolistic_competition wikiPageWikiLink Barriers_to_entry.
- Monopolistic_competition wikiPageWikiLink Brand.
- Monopolistic_competition wikiPageWikiLink Brand_image.
- Monopolistic_competition wikiPageWikiLink Brand_names.
- Monopolistic_competition wikiPageWikiLink Break-even.
- Monopolistic_competition wikiPageWikiLink Break_even.
- Monopolistic_competition wikiPageWikiLink Category:Imperfect_competition.
- Monopolistic_competition wikiPageWikiLink Category:Market_structure_and_pricing.
- Monopolistic_competition wikiPageWikiLink Cereal.
- Monopolistic_competition wikiPageWikiLink Clothing.
- Monopolistic_competition wikiPageWikiLink Cross_elasticity_of_demand.
- Monopolistic_competition wikiPageWikiLink Differentiation_(economics).
- Monopolistic_competition wikiPageWikiLink Economic_profit.
- Monopolistic_competition wikiPageWikiLink Edward_Chamberlin.
- Monopolistic_competition wikiPageWikiLink Edward_Hastings_Chamberlin.
- Monopolistic_competition wikiPageWikiLink Government-granted_monopoly.
- Monopolistic_competition wikiPageWikiLink Imperfect_competition.
- Monopolistic_competition wikiPageWikiLink Joan_Robinson.
- Monopolistic_competition wikiPageWikiLink Long-run.
- Monopolistic_competition wikiPageWikiLink Long_run_and_short_run.
- Monopolistic_competition wikiPageWikiLink Microeconomics.
- Monopolistic_competition wikiPageWikiLink Monopolistic_competition_in_international_trade.
- Monopolistic_competition wikiPageWikiLink Monopoly.
- Monopolistic_competition wikiPageWikiLink Natural_monopoly.
- Monopolistic_competition wikiPageWikiLink Oligopoly.
- Monopolistic_competition wikiPageWikiLink Packaging.
- Monopolistic_competition wikiPageWikiLink Packaging_and_labeling.
- Monopolistic_competition wikiPageWikiLink Perfect_Competition.
- Monopolistic_competition wikiPageWikiLink Perfect_competition.
- Monopolistic_competition wikiPageWikiLink Price_elasticity_of_demand.
- Monopolistic_competition wikiPageWikiLink Product_differentiation.
- Monopolistic_competition wikiPageWikiLink Profit_(economics).
- Monopolistic_competition wikiPageWikiLink Restaurant.
- Monopolistic_competition wikiPageWikiLink Restaurants.
- Monopolistic_competition wikiPageWikiLink Shoe.
- Monopolistic_competition wikiPageWikiLink Shoes.
- Monopolistic_competition wikiPageWikiLink Short_run.
- Monopolistic_competition wikiPageWikiLink Substitute_good.
- Monopolistic_competition wikiPageWikiLink Toilet_paper.
- Monopolistic_competition wikiPageWikiLink Toothpaste.
- Monopolistic_competition wikiPageWikiLink File:Long-run_equilibrium_of_the_firm_under_monopolistic_competition.JPG.
- Monopolistic_competition wikiPageWikiLink File:Short-run_equilibrium_of_the_firm_under_monopolistic_competition.JPG.
- Monopolistic_competition wikiPageWikiLinkText "Monopolistic competition".
- Monopolistic_competition wikiPageWikiLinkText "monopolistic competition".
- Monopolistic_competition wikiPageWikiLinkText "monopolistic competitors".
- Monopolistic_competition wikiPageWikiLinkText "monopolistic position".
- Monopolistic_competition wikiPageWikiLinkText "monopolistic".
- Monopolistic_competition wikiPageWikiLinkText "monopolistically competitive".
- Monopolistic_competition hasPhotoCollection Monopolistic_competition.
- Monopolistic_competition wikiPageUsesTemplate Template:Citation_needed.
- Monopolistic_competition wikiPageUsesTemplate Template:Economics_sidebar.
- Monopolistic_competition wikiPageUsesTemplate Template:Portal.
- Monopolistic_competition wikiPageUsesTemplate Template:Reflist.
- Monopolistic_competition wikiPageUsesTemplate Template:YouTube.
- Monopolistic_competition subject Category:Imperfect_competition.
- Monopolistic_competition subject Category:Market_structure_and_pricing.
- Monopolistic_competition hypernym Competition.
- Monopolistic_competition type Article.
- Monopolistic_competition type SoccerTournament.
- Monopolistic_competition type Article.
- Monopolistic_competition type Market.
- Monopolistic_competition type Microeconomic.
- Monopolistic_competition comment "Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes. In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms. In the presence of coercive government, monopolistic competition will fall into government-granted monopoly.".
- Monopolistic_competition label "Monopolistic competition".
- Monopolistic_competition sameAs Манапалістычная_канкурэнцыя.
- Monopolistic_competition sameAs Монополистична_конкуренция.
- Monopolistic_competition sameAs Competència_monopolista.
- Monopolistic_competition sameAs Monopolistická_konkurence.
- Monopolistic_competition sameAs Monopolistisk_konkurrence.
- Monopolistic_competition sameAs Monopolistische_Konkurrenz.
- Monopolistic_competition sameAs Competencia_monopolística.
- Monopolistic_competition sameAs Konkurrentzia_monopolistiko.
- Monopolistic_competition sameAs بازار_رقابت_انحصاری.
- Monopolistic_competition sameAs Monopolistinen_kilpailu.
- Monopolistic_competition sameAs Concurrence_monopolistique.
- Monopolistic_competition sameAs Competencia_monopolística.
- Monopolistic_competition sameAs תחרות_מונופוליסטית.
- Monopolistic_competition sameAs Pasar_monopolistik.
- Monopolistic_competition sameAs Concorrenza_monopolistica.
- Monopolistic_competition sameAs 독점적_경쟁.
- Monopolistic_competition sameAs Monopolistiskā_konkurence.
- Monopolistic_competition sameAs കുത്തക_മത്സരം.
- Monopolistic_competition sameAs Monopolistische_concurrentie.
- Monopolistic_competition sameAs Konkurencja_monopolistyczna.
- Monopolistic_competition sameAs Concorrência_monopolística.
- Monopolistic_competition sameAs m.04rxd.
- Monopolistic_competition sameAs Монополистическая_конкуренция.
- Monopolistic_competition sameAs Monopolistic_competition.
- Monopolistic_competition sameAs Monopolistisk_konkurrens.
- Monopolistic_competition sameAs ఏకస్వామ్యపు_పోటీ.
- Monopolistic_competition sameAs Monopolistikong_kompetisyon.