Main article: List of John McCain presidential campaign staff members, 2008. On July 2, 2008, Steve Schmidt was given full operational control of McCain's campaign. Schmidt had managed Arnold Schwarzenegger's 2006 re-election and was a top Dick Cheney aide.
Monopolistic competition. The model of monopolistic competition describes a common market structure in which firms have many competitors, but each one sells a slightly different product.
Comparing Monopoly and Perfect Competition â¢ Because the monopolistâs marginal revenue is below its price, price and quantity will not be the same.â¢ The monopolistâs equilibrium output is less than, and its price is higher than, for a firm in a competitive market.