{"id":464,"date":"2020-03-24T04:51:39","date_gmt":"2020-03-24T04:51:39","guid":{"rendered":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/chapter\/learning-outcome-inefficiency-of-monopolistic-competition\/"},"modified":"2023-05-22T19:21:10","modified_gmt":"2023-05-22T19:21:10","slug":"learning-outcome-inefficiency-of-monopolistic-competition","status":"publish","type":"chapter","link":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/chapter\/learning-outcome-inefficiency-of-monopolistic-competition\/","title":{"raw":"Outcome: Inefficiency of Monopolistic Competition","rendered":"Outcome: Inefficiency of Monopolistic Competition"},"content":{"raw":"<h2 class=\"entry-title\">What you'll learn to do: understand why monopolistically competitive markets are inefficient (including deadweight loss)<\/h2>\nIn this section, you will see why monopolistically competitive markets are not productively efficient.\n<h3>LEARNING ACTIVITIES<\/h3>\nThe learning activities for this section include the following:\n<ul>\n\t<li>Reading:&nbsp;Monopolistic Competition and Efficiency<\/li>\n\t<li>Self Check: Inefficiency of Monopolistic Competition<\/li>\n<\/ul>\nTake time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.","rendered":"<h2 class=\"entry-title\">What you&#8217;ll learn to do: understand why monopolistically competitive markets are inefficient (including deadweight loss)<\/h2>\n<p>In this section, you will see why monopolistically competitive markets are not productively efficient.<\/p>\n<h3>LEARNING ACTIVITIES<\/h3>\n<p>The learning activities for this section include the following:<\/p>\n<ul>\n<li>Reading:&nbsp;Monopolistic Competition and Efficiency<\/li>\n<li>Self Check: Inefficiency of Monopolistic Competition<\/li>\n<\/ul>\n<p>Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.<\/p>\n","protected":false},"author":32,"menu_order":13,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-464","chapter","type-chapter","status-publish","hentry"],"part":443,"_links":{"self":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapters\/464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/users\/32"}],"version-history":[{"count":1,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapters\/464\/revisions"}],"predecessor-version":[{"id":465,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapters\/464\/revisions\/465"}],"part":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/parts\/443"}],"metadata":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapters\/464\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/media?parent=464"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapter-type?post=464"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/contributor?post=464"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/license?post=464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}