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monopolistic competition

British

noun

economics the form of imperfect competition that exists when there are many producers or sellers of similar but differentiated goods or services

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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This actually might provide a test for our two theories: it the tax approach would not work, then monopolistic competition might be a force too strong - and the next candidate for the �main cause�.

From Project Gutenberg

Heterogeneous labour might be congruent to monopolistic competition - but, anyhow, I�d rather take heterogeneity as the starting point, and then proceed with the model, and stay away from the - perhaps ideological - debate on market type.

From Project Gutenberg

The Theory of monopolistic competition: a re-orientation of the theory of value.

From Project Gutenberg

The Theory of monopolistic competition; a reorientation of the theory of value.

From Project Gutenberg

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