Who coined the term 'Monopolistic Competition'?

Prof Stuart Williamson

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Prof James M. Roger

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Prof Edwin Jones

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Prof Edward H. Chamberlin

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Solution

The correct option is D Prof Edward H. Chamberlin
The term monopolistic competition was coined by Prof Edward H. Chamberlin of Harvard University in 1933 in his book Theory of Monopolistic Competition.

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Give some examples of monopolistic competition.

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