Monopolistic competition
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JSDonald
What are some of the problems with monopolistic competition?
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replied to:  JSDonald
tjared
Replied to:  What are some of the problems with monopolistic competition?
One concern is its inefficiency. The cost of regulating prices for all products sold in such a market outweighs the benefits.
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replied to:  tjared
jwalsh
Replied to:  One concern is its inefficiency. The cost of regulating prices...
Government regulation of such a market is impossible.
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