Monopolistically Competitive Producersgreenspun.com : LUSENET : Economic History (and Related Observations) : One Thread
I am having trouble understanding how Monopolistically Competitive Producers try to improve on the condition of just breaking even in the long run and how this can help/benefit consumers. I understand the basics of breaking even and long run but I am having trouble understanding them in the same scenario. Can anyone help?
-- William Vinnes (email@example.com), October 27, 2003