Monopolistic Competitive, Monopolistic, and Perfectly Competitive

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member.

Due Day 3

Respond to the following in a minimum of 175 words:  

• Compare and contrast the characteristics of monopolistically competitive, monopolistic, and perfectly competitive markets.  
• Provide an organization that is an example of each and discuss how changes in their pricing affect your purchase decisions.

Due Day 7

Post 2 replies to classmates or your faculty member. Be constructive and professional.