Long Run Pricing and Output for the Monopolistically Competitive Firm. Unlike a monopoly industry, new firms can enter the monopolistically competitive industry. And like a perfectly competitive industry, economic profits attract new firms seeking a share of those profits into the industry.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.
collet (plural collets) A band, flange, ferrule, or collar, designed to grip and hold a tool or a workpiece under proper control, and usually to release it under control thereafter; such a collet usually is made of a hard, springy material, especially a metal.
An aglet or aiglet is a small plastic or metal cladding on the end of shoelaces (or any type of lace, though shoelaces are the most commonly referenced) that keeps the twine from unraveling. The word aglet (or aiglet) comes from Old French aguillette (or aiguillette), which is the diminutive of aguille (or aiguilee), meaning needle.