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.
University of Pacific-Economics 53 Lecture Notes #15 I. Features of Monopolistic Competition Like the name suggests, a monopolistically competitive industry has features from both a monopoly market structure and a perfectly competitive market structure.. Price and Output Determination Under Monopolistic Competition in the Long-Run One of the assumptions we made about a monopolistically competitive industry was that entry and exit in the industry is easy.