In lieu of a monopoly, having its high barriers so you can admission, an effective monopolistically competitive agency that have confident monetary winnings have a tendency to attention race
Figure 3 (a) shows a situation in which a monopolistic competitor was earning a profit with its original perceived demand curve (D0). 0) and marginal cost curve (MC) occurs at point S, corresponding to quantity Q0, which is associated on the demand curve at point T with price P0.