respond to this in reference to monopolistic competition/ no references required just a simmple answer/ due by 10/26/19

profileMzParka

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Working for a distribution company currently, I'd say that perfect competition is the best way to describe the business that I work for. Primarily because while we are one of the few distribution companies for my industry in the state of SC, in the southern half of the country we certainly are not alone. There are multiple distribution companies in the southern half of the country for the vaping industry primarily in Georgia and Florida. Each company buys from other companies to restock their own inventory. We use each other to help manage our prices so that while no one is charging more than the other, there is an equilibrium and a balance. No one charges to many and no one charges too few. Some companies offer products that others don't while others offer greater quantities that others don't. 

    • 4 years ago
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