Economy, asked by ridunisrongphang, 5 hours ago

Discuss the meaning of imperfect competition and it's short run and long price ?

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Answered by mantasharahman375

0

Answer:

Imperfect competition refers to any economic market that does not meet the rigorous assumptions of a hypothetical perfectly competitive market. ... Imperfect competition is common and can be found in the following types of market structures: monopolies, oligopolies, monopolistic competition, monopsonies, and oligopsonies.

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