Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

What are the names of two different market structures? Describe how and why they each have a different competitive situation.

Sagot :

Monopoly and oligopoly, monopply has no competition, as they are the only company in this industry, and oligopoly is a type of monopoly, but has around nd six leading companies state or private owned between which the consumer can switch. However it is difficult to join this market for new companies.
We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.