What is monopoly oligopoly and perfect competition?
What is monopoly oligopoly and perfect competition? 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 … Continue reading What is monopoly oligopoly and perfect competition?
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