PLEASE HELP ME NOW Give me an example of a company that is considered a Monopoli
ID: 1091914 • Letter: P
Question
PLEASE HELP ME NOW
Give me an example of a company that is considered a Monopolistic Competition firm and briefly explain how they meet the four distinguishing characteristics of a Monopolistic Competition firm (refer to slide #18 in the Chapter slides for Chapter 14). Note: This question is available for as many students that want to take advantage of this question. However, you cannot use the same company someone else has already used (but there are PLENTY of companies that fit a Monopolistic Competition model!!).
Explanation / Answer
TELMEX, is a company very important phone service in Mexico a competitive company.
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