How Can A Company Find Its Way Out Of A Market Characterized By Pure Competition?

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How Can A Company Find Its Way Out Of A Market Characterized By Pure Competition?

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Differentiate the product in some way, even by packaging, so customers will see it as distinct The difference between pure competition and monopolistic competition is that in pure competition, products are not differentiated, but in monopolistic competition, they are. So the way to move out of a purely competitive market is to differentiate the product in some way.

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