Economy, asked by JatinBansal4161, 10 months ago

Difference between perfect competition ,monopoly,oligopoly,monopolistic and duopoly

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Answered by itzBrainlyBoy
0

Answer:

These firms are price takers. There is a medium between monopoly and perfect competition in which only a few firms exist in a market. ... A small collection of firms who dominate a market is called an oligopoly. A duopoly is a special case of an oligopoly, in which only two firms exist.♥️#⃣♥️#⃣♥️#⃣

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