Answer the Following Questions

question 159

Essay

Answer the following questions.
a. Define monopolistic competition.
b. How is monopolistic competition similar to monopoly?
c. How is monopolistic competition similar to perfect competition?

---

Definitions:

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, carrying genetic information.

Cumulative Cultural Evolution

The process by which cultures evolve over time through the accumulation and modification of knowledge, beliefs, and practices.

Symbolic Resources

Elements within a culture or society that carry specific meanings and are used for communication, such as language, gestures, or images.

Explicit Instruction

A structured, clear, direct teaching method that emphasizes systematic instruction for mastering specific concepts or skills.