Answer:
Explanation:
The firms in an oligopoly can compete in price, but often non-price competition becomes the most important factor dominating the market. ... Therefore, firms in monopolistic competition have a motive to try and improve their product differentiation and brand image.
Answer:
The firms in an oligopoly can compete in price, but often non-price competition becomes the most important factor dominating the market.
Therefore, firms in monopolistic competition have a motive to try and improve their product differentiation and brand image.
