Monopolistic Competition Monopolistic competition is a market structure in which a large number of firms produce a differentiated product and firms can easily enter or exit the industry. Each firm in the industry sells a very small portion of the market share and has very little market power.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.
Counter height stool seats range from 24-29 inches from the floor and are perfect for kitchen counters or tables that are about 34-39 inches high. A bar stool seat is about 30-36 inches from the ground and is perfect for counters or bars that are 40-46 inches from the ground.
They are differentiated from more traditional dining room sets mainly because both the table and the chairs are taller. Counter-height dining sets are usually 36 inches tall while bar-height dining sets are a little taller, at about 42 inches high. Seats are taller too, though they must maintain the same amount of space between the tabletop and the sitter (usually about 1 foot).