Economy, asked by ketanagarwal2265, 1 day ago

why monopolistic demand curve is more flatter​

Answers

Answered by santoshriyamunnu
0

Answer:

HEY

____________________________

HERE YOU GO

In case of monopolistic competition, the demand is more elastic as competition is more i.e. products have more substitutes. Hence, the demand curve is flatter.

If you liked it then mark me as brainliest.

THANKS

Similar questions