Economy, asked by bikrambhowmik291, 2 months ago

what is the difference between non perfect competition market & monopoly market?

Answers

Answered by hn370661

Explanation:

In a monopolistic market, there is only one firm that dictates the price and supply levels of goods and services. A perfectly competitive market is composed of many firms, where no one firm has market control. In the real world, no market is purely monopolistic or perfectly competitive.

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