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Setting our prices lower than the rest will make our drinks more affordable rather than the overpriced drinks.

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My drinks will be simiar to the other soda companies but mine will have more advertising to make a better name for ourselves. Our Advertising will feature athletes like Lebron James, Tom Brady, and other sports goats.

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There are similar products so that way the consumer can pick their favorite option.

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There are many options within the market to many products.

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Seller use ads to make their product seem different.

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Sellar make the price of the product.

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https://forms.gle/2EnBwWVvCzRqc42n6

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Access Google Forms with a personal Google account or Google Workspace account (for business use).

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They are slight differences in products that let the consumer pick which one they like better making the market more competitive.

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The characteristics are very similar to a perfect competition market.

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My business is going to be following the soft drink industry that will be trying to compete with all of the other drink companies.

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Little or no barriers to join the market.

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Companies sell similar or different products.

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The Monopolistic Competition has multiple buyers and seller.