Question

distingush betwen
oligopoly and monopoly ​

Answer 1

Answer:

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Explanation:

answer...

Oligopoly: An Overview. A monopoly and an oligopoly are market structures that exist when there is imperfect competition. A monopoly is when a single company produces goods with no close substitute, while an oligopoly is when a small number of relatively large companies produce similar, but slightly different goods.

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Answer 2

Explanation:

Monopoly is defined by the dominance of just one seller in the market.

oligopoly is an economic situation where a number of sellers populate the market.