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.
Divide the sum of your observations by the total number of observations made. For example, if you measured the horizontal angle between two objects daily for 30 days, divide the sum of those 30 observations by 30. Your answer will be the mean horizontal angle.epeat this process for the second object you are making a line of sight with. The difference between their azimuths is the horizontal angle. Repeat this step for each horizontal angle you wish to measure. Add up the relevant horizontal angles.