1. Demand and Marginal
Revenue Curve under
Monopolistic
Competition

2. • Monopolistic competition
Monopolistic competition has been introduced
by American economist Prof. Edward chamberlin, in
his book ‘Theory of Monopolistic competition’
published in 1933.

3. Demand Curve Facing a
Monopolistic Competitive Firm
O
D
D
G M N
H
P
L
Quantity
Price

4. Average and Marginal Revenue Curve
under Monopolistic competition
O
M
MR
AR
H
Q
P
Quantity
Price

5. Presented by :
Sharanya shetty
Reg. no. 142398146