Monopolistic Competitive, Monopolistic, And Perfectly Competitive

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member.

Due Day 3

Respond to the following in a minimum of 175 words:

Compare and contrast the characteristics of monopolistically competitive, monopolistic, and perfectly competitive markets.
Provide an organization that is an example of each and discuss how changes in their pricing affect your purchase decisions.