Unit 3: Are Businesses Efficient? Product Markets and Efficiency

Lesson 11a: Monopolistic Competition: Are Businesses Efficient?

Assignments: Video Lectures

6.4.1 Defining Monopolistic Competition 7:01 [MyNotes] 6.4.2 Understanding Pricing and Output in Monopolistic Competition - Short-Run Profit Maximization for a Monopolistically Competitive Firm - 8:58 [MyNotes] Monopolistic Competition (econclassroom.com -- efficiency begins at 15:00) 20:51 Monopolistic Competition in the Long-Run: Econ Concepts in 60 Seconds with AP Economics Teacher (ACDCEcon) 3:25

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