{"id":951,"date":"2015-04-30T22:27:13","date_gmt":"2015-04-30T22:27:13","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterymicro1xngcxmaster\/?post_type=chapter&#038;p=951"},"modified":"2015-07-11T15:10:35","modified_gmt":"2015-07-11T15:10:35","slug":"learning-outcome-inefficiency-of-monopolistic-competition","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/chapter\/learning-outcome-inefficiency-of-monopolistic-competition\/","title":{"raw":"Outcome: Inefficiency of Monopolistic Competition","rendered":"Outcome: Inefficiency of Monopolistic Competition"},"content":{"raw":"<h2 class=\"entry-title\">What you'll learn to do: understand why monopolistically competitive markets are inefficient (including deadweight loss)<\/h2>\r\nIn this section, you will see why monopolistically competitive markets are not productively efficient.\r\n<h3>LEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include the following:\r\n<ul>\r\n\t<li>Reading:\u00a0Monopolistic Competition and Efficiency<\/li>\r\n\t<li>Self Check: Inefficiency of Monopolistic Competition<\/li>\r\n<\/ul>\r\nTake time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.","rendered":"<h2 class=\"entry-title\">What you&#8217;ll learn to do: understand why monopolistically competitive markets are inefficient (including deadweight loss)<\/h2>\n<p>In this section, you will see why monopolistically competitive markets are not productively efficient.<\/p>\n<h3>LEARNING ACTIVITIES<\/h3>\n<p>The learning activities for this section include the following:<\/p>\n<ul>\n<li>Reading:\u00a0Monopolistic Competition and Efficiency<\/li>\n<li>Self Check: Inefficiency of Monopolistic Competition<\/li>\n<\/ul>\n<p>Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-951\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li><strong>Authored by<\/strong>: Steven Greenlaw and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":74,"menu_order":11,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"\",\"author\":\"Steven Greenlaw and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"47e0f66c-411a-49c0-b8bf-244061f37524","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-951","chapter","type-chapter","status-publish","hentry"],"part":32,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/wp\/v2\/users\/74"}],"version-history":[{"count":10,"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/951\/revisions"}],"predecessor-version":[{"id":3754,"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/951\/revisions\/3754"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/pressbooks\/v2\/parts\/32"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/951\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/wp\/v2\/media?parent=951"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/pressbooks\/v2\/chapter-type?post=951"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/wp\/v2\/contributor?post=951"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-microeconomics\/wp-json\/wp\/v2\/license?post=951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}