Nav
(855) 776-7763
?
Take a Quiz
All Products
Brain Games
ProProfs.com
Login
Sign Up Free
Ask a Question
+ Ask Question
Advertisement
Discuss
Speak now
Seacrh
Ask a Question
+ Ask Question
Discuss
Business
Marketing
What is one source of inefficiency in monopolistic competition?
Asked by
Adeola
, Last updated: Mar 31, 2024
+ Answer
Request
0
Follow
Share
Answer Anonymously
Answer Later
Copy Link
Post Your Answer
Post Your Answer
1 Answer
John Smith
John Smith
Answered Dec 23, 2016
Because price is above marginal cost, some units are not produced that buyers value in excess of the cost of production and this causes a deadweight loss
Share
Reply
Write Your Answer
Post Your Answer
More Marketing Questions
What is the difference between Marketing and PR?
What is the least pressing in Maslow's Hierarchy of Needs?
What is the difference between Taglines and Slogans?
What do companies call a set of benefits that they promise to consumers to satisfy their needs?
What do you understand by the term 'Franchising'?
What is the difference between SEO and SEM?
What is the difference between Advertising and Marketing?
What is a major drawback of probability sampling?
What are the steps for designing a customer-driven marketing strategy?
What are some misconceptions regarding marketing mix variables?
Ask Your Own Question
Can You Answer
Which tool should they use?
What is ToFu, MoFu & BoFu in Marketing?
Which tool should be used by the team?
What is the difference between Tactics And Strategy?
How many experiential marketing agencies are there in the US?
What is the 4P analysis in marketing?
What are the elements of marketing mix?
How can a business convert desire into demand?
Topics Related To Marketing
Digital Marketing
Advertising
Market
Customer Service
Advertisement
Advertisement
Delete
Search
Image library
Upload
All Google Images
Commercial use license images
Search for Google images
Select a recommended image
Upload from your computer
Browse
Cancel
Search
Image library
Upload
All Google Images
Commercial use license images
Search for Google images
Select a recommended image
Upload from your computer
Browse
Cancel
Search
Image library
Upload
All Google Images
Commercial use license images
Search for Google images
Select a recommended image
Upload from your computer
Browse
Cancel
Search
Image library
Upload
All Google Images
Commercial use license images
Search for Google images
Select a recommended image
Upload from your computer
Browse
Cancel
Search
Image library
Upload
All Google Images
Commercial use license images
Search for Google images
Select a recommended image
Upload from your computer
Browse
Cancel
Share with your friends
x
Thanks for your answer!
Share it on Facebook
Share it on Twitter
Ask a Question
Create a Quiz
×
Request Answer
Cancel
X
OK
X
OK
Cancel
X
Ok
Cancel
×
Login to save your work
OR
Username / Email
Password
Forgot your password?
Create an account
Sign Up
Sign Up to save your work
OR
Name
Email
Password
I agree to the
Terms of Services
and
Privacy Notice
.
Already have an account?
Login
By clicking "
Sign Up
" you also agree to receive information about our
products & services
and
newsletter
via
email
.
×
×
Forgot Password?
Username or Email
Continue
Can't recover,
please submit a ticket
Email Sent
We have sent an email to your address "
" with instructions to reset your password.
Loading, please wait...
Answer Anonymously
Copy Link
