Economy, asked by rohitrana27, 3 months ago

Distinguish between monopoly and monopolistic competition​

Answers

Answered by paragtiwari
4

Answer:

Monopoly is a market structure where the participant is a single seller that dominates the overall market as he is offering a unique product or service whereas a monopolistic competition is a competitive market that has only a handful of buyers and sellers that offer close substitutes to the end users.

Answered by sharmaprakriti1312
4

Answer:

"Even the worst day having an ending and the best days have a beginning"

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