What you’ll learn to do: understand why monopolistically competitive markets are inefficient (including deadweight loss)
In this section, you will see why monopolistically competitive markets are not productively efficient.
The learning activities for this section include the following:
- Reading: Monopolistic Competition and Efficiency
- Self Check: Inefficiency of Monopolistic Competition
Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.