HomeServicesBlogDictionariesContactSpanish Course
Home › Dictionary › English › monopolistic competition
← Back to search

Meaning of monopolistic competition | Babel Free

Noun CEFR B2

Definitions

A type of market structure that shares both characteristics of perfect competition and that of monopoly depending on the time frame (long-run or short-run).

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Monopolists monopolite monopolizability Monopolization Monopolizations Monopolize

Learn this word in context

See monopolistic competition used in real conversations inside our free language course.

Start Free Course