{"id":470,"date":"2020-03-24T04:51:40","date_gmt":"2020-03-24T04:51:40","guid":{"rendered":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/chapter\/glossary-monopolistic-competition\/"},"modified":"2023-05-22T19:21:10","modified_gmt":"2023-05-22T19:21:10","slug":"glossary-monopolistic-competition","status":"publish","type":"chapter","link":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/chapter\/glossary-monopolistic-competition\/","title":{"raw":"Glossary: Monopolistic Competition","rendered":"Glossary: Monopolistic Competition"},"content":{"raw":"<div id=\"id587883\" class=\"glossary\" title=\"Glossary\">\n<div class=\"titlepage\"><\/div>\n<dl>\n \t<dt>differentiated product<\/dt>\n \t<dd>a product that is perceived by consumers as distinctive in some way<\/dd>\n \t<dt>imperfectly competitive<\/dt>\n \t<dd>firms and organizations that fall between the extremes of monopoly and perfect competition<\/dd>\n \t<dt>monopolistic competition<\/dt>\n \t<dd>many firms competing to sell similar but differentiated products<\/dd>\n \t<dt>oligopoly<\/dt>\n \t<dd>when a few large firms have all or most of the sales in an industry<\/dd>\n<\/dl>\n<\/div>","rendered":"<div id=\"id587883\" class=\"glossary\" title=\"Glossary\">\n<div class=\"titlepage\"><\/div>\n<dl>\n<dt>differentiated product<\/dt>\n<dd>a product that is perceived by consumers as distinctive in some way<\/dd>\n<dt>imperfectly competitive<\/dt>\n<dd>firms and organizations that fall between the extremes of monopoly and perfect competition<\/dd>\n<dt>monopolistic competition<\/dt>\n<dd>many firms competing to sell similar but differentiated products<\/dd>\n<dt>oligopoly<\/dt>\n<dd>when a few large firms have all or most of the sales in an industry<\/dd>\n<\/dl>\n<\/div>\n","protected":false},"author":32,"menu_order":29,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-470","chapter","type-chapter","status-publish","hentry"],"part":443,"_links":{"self":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapters\/470","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\/470\/revisions"}],"predecessor-version":[{"id":471,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapters\/470\/revisions\/471"}],"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\/470\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/media?parent=470"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/pressbooks\/v2\/chapter-type?post=470"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/contributor?post=470"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accanderssenmicro\/wp-json\/wp\/v2\/license?post=470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}