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.
In the working environment, professional certification is a time honored process respected by both employers and those within the career field. The following is a definition used by many to describe professional certification: