Like a monopoly, a monopolistically competitive firm faces a downward sloping demand curve. Even though the product of a monopolistically competitive faces competition from many similar brands, there are differences in the brands, either actual or perceived. Consider corn flakes.onopolistic Competition and Oligopoly. Characteristics of Monopolistic Competition. We begin our analysis by looking at a model of monopolistic competition. As the name monopolistic competition suggests, the industry shares characteristics of both a perfectly competitive industry and a monopoly.
Collegiate Professional License: A five-year, renewable license available to an individual who has satisfied all requirements for licensure, including an earned undergraduate degree from a regionally accredited college or university and the professional teacher's assessments prescribed by the Board of Education.
Utah State Office of Education, Salt Lake City. The Utah Professional Practices Advisory Commission is charged with promoting and maintaining a high degree of professional ethics and practices in education. A majority of its members are classroom teachers. The commission has the responsibility of establishing procedures for acting on alleged violations of standards of ethical conduct and serves as an advisory body for the Utah State Board of Education on professional practices criteria.