Briefly state the basic characteristics of pure competition, pure monopoly, monoploistic compeititon, and oligopoly. Und

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Briefly state the basic characteristics of pure competition, pure monopoly, monoploistic compeititon, and oligopoly. Und

Post by answerhappygod »

Briefly state the basic characteristics of pure competition,pure monopoly, monoploistic compeititon, and oligopoly. Under whichof these market classifications does each of the following mostaccurately fit?
a: a supermarket in your hometown
b: the steel industry
c: a kansas wheat farm
d: the commercial bank in which you or your family has anacct.
e: automobile industry
In each case, briefly justify answer
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply