Sole Proprietorship in Monopolistic Competition

Sole Proprietorship in Monopolistic Competition
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  • Sole Proprietorship in Monopolistic Competition
  • I can't believe I finally accomplished my dream of opening up my own clothing store!
  • I know I'm going to have some competition from other stores, but I have better customer service, and my store is conveniently located.
  • I didn't realize how hard it would be owning my own store. There is a lot of competition!
  • I'm concerned that people won't come to my store because it isn't located on Main St.
  • We all own our own clothing stores and compete for business. We all sell clothes, so we have to differentiate our products through advertising, location, and customer service.
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