https://padlet.com/eroubine/g7yb4d2lp1jz Made with a curious mind en-us 2017-11-01 18:58:16 UTC 2026-01-05 14:21:53 UTC hello@padlet.com kwitte https://padlet.com/eroubine/g7yb4d2lp1jz/wish/202675767 -The market has multiple producers
-The products are slightly different from each other
-It is easy to enter and leave the market]]> 2017-11-01 19:02:05 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/202675767 eroubine https://padlet.com/eroubine/g7yb4d2lp1jz/wish/202678998 https://m.youtube.com/watch?v=8a3gXThQeK0]]> 2017-11-01 19:09:11 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/202678998 eroubine https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203074007 2017-11-02 18:44:40 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203074007 eroubine https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203074463 McDonalds is a Monopolistic Composition because it is just one of the many places that sell fast food(burgers, fries, shakes) but it does slightly different things, deals, and has a slightly different style]]> 2017-11-02 18:45:36 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203074463 kwitte https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203076855 1. There are no barriers to enter
2. There’s differentiation which creatives diversity, utility, & choice
3. Dynamically efficienct- new production process & new products]]> 2017-11-02 18:50:32 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203076855 eroubine https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203077586 2017-11-02 18:52:01 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203077586 kwitte https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203078586 1. Some differentiation creates unnecessary waste 
2. Not allocatively efficient- price is above marginal cost]]> 2017-11-02 18:54:06 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203078586 eroubine https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203079258 2017-11-02 18:55:30 UTC https://padlet.com/eroubine/g7yb4d2lp1jz/wish/203079258