Home Uncategorized The toothpaste production belongs to the market structure of monopoly competition, which explains the market structure and its formation conditions? What is the policy meaning of short-term Phillips curve?

The toothpaste production belongs to the market structure of monopoly competition, which explains the market structure and its formation conditions? What is the policy meaning of short-term Phillips curve?

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1) the market of toothpaste belongs to the market with monopoly competition structure. The basic condition for the formation of this market is that there are differences in various toothpastes. For example, there are differences in quality, packaging, brand and sales conditions of different toothpastes, which will form a monopoly; All kinds of toothpastes can replace each other, which will form competition. It is the different conditions of the same product that will not only produce monopoly, but also cause competition, so as to form the market structure of monopoly competition. (2) In addition, there are many manufacturers of toothpaste, which not only strive to create the characteristics of their own products, but also compete among various toothpastes, so that the manufacturers producing various toothpastes are in the monopolistic competitive market.

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