Compare charecteristics of perfect compition of monopoly oligopoly and monopolist compitition
Answers
Answered by
1
Answer:
Explanation:
A monopoly and an oligopoly are economic market structures where there is imperfect competition in the market. A monopoly contains a single firm that produces goods with no close substitute, while an oligopoly market has a small number of relatively large firms that produce similar but slightly different products.
Similar questions