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monopolistic competition. In DICTIOUS you will not only get to know all the dictionary meanings for the word
monopolistic competition, but we will also tell you about its etymology, its characteristics and you will know how to say
monopolistic competition in singular and plural. Everything you need to know about the word
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English
Noun
monopolistic competition
- (economics) A type of market structure that shares both characteristics of perfect competition and that of monopoly depending on the time frame (long-run or short-run).