Monopolistic competition is very similar to perfect competition, though the firm has a small amount of market power. The oligopoly is very similar to the monopoly, though the firm does have a few competitors and the rivalry among those firms leads to an interdependent relationship among firms.he same is true for monopolistic competition; the ease of entry and exit extends to the monopolistically competitive market. Short-Run ProfitILoss and Long-Run Equilibrium for Monopolistic Competition When a monopolistic competitor enjoys a short-run economic profit, new firms are drawn into the industry.
The difference between horizontal analysis and vertical analysis is that vertical analysis involves listing each item on a company's financial statement as a separate column. For example, in vertical analysis, cost of goods sold (COGS) and gross margin are typically listed as a percentage of sales.
Gravimetric Methods. Gravimetric methods of analysis are based on the measurement of mass. The two gravimetric methods are precipitation methods and volatilization methods. In precipitation methods the analyte is converted to an insoluble product, filtered, washed and heated. The mass of the resulting residue is determined. In volatilization methods the analyte is heated and the analyte or its decomposition product is collected. The resulting loss of mass is determined.