Economy, asked by Bittu203, 1 year ago

Give two example of firm observing monopolistic competition in india

Answers

Answered by brainlystargirl
2
Hlo dear brainly user.....

Here is your answer.....

@@ Monopolistic firm refers to that firms having large no of buyers and sellers but product of each seller is different from each other.....

Firm's observing monopolistic competition are ........

* Toothpaste brands ....
In India lot's of toothpaste industries are existing like patanjali, Colgate, close up etc.....

* Shampoo's....
As same lot's of brand are producing and hearing large amount on advertising...

### Good luck !!!
Answered by Anonymous
1
Examples of monopolistic competition can be found in every high street. Monopolistically competitive firms are most common in industries where differentiation is possible, such as: The restaurant business. Hotels and pubs.
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