How does the profit-maximizing behavior of a monopolistic competitor compare to that of perfect competitors, oligopolies, and monopolies?
They all try to find the level of output where their marginal cost is equal to their marginal revenue.
The monopolistic competitor is similar to monopoly but not to pure competition.
The monopolistic competitor is similar to pure competition but not to oligopoly.
The monopolistic competitor is similar to monopoly but not to oligopoly.