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.
Bivariate analysis is concerned with the relationships between pairs of variables (X, Y) in a data set. Bivariate analysis, explores the concept of association between two variables.Bivariate analysis is based on how two variables simultaneously change together, that is, the notion of co-variation.Bivariate analysis is the simultaneous analysis of two variables. Bivariate analysis is usually undertaken to see if one variable is related to another variable.ivariate analysis is based on how two variables simultaneously change together, that is, the notion of co-variation. Bivariate analysis is the simultaneous analysis of two variables.