RE: 16-04-2024 - Economy - Monopolistic competition [EN]-[IT]

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If a market has many sellers, most of every seller will love to sell what is in demand. That’s where the problem lies so a product needs to be very good so it can always be on top of the competition

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If a market has many sellers, most of every seller will love to sell what is in demand. That’s where the problem lies so a product needs to be very good so it can always be on top of the competition

that's exactly the point. When the market is saturated, quality is important, otherwise low-quality products will remain unsold

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If a market has many sellers, most of every seller will love to sell what is in demand. That’s where the problem lies so a product needs to be very good so it can always be on top of the competition

However, even in the market of monopolistic competition, not to be confused with the monopolistic market, those who suffer losses in the long term will exit the market, while if there are profits other companies will try to enter this market

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