0
What best states the main difference between monopoly and pure competition?
Wiki User
∙ 8y ago
A monopoly involves no competition at all while pure competition involves a high level of competition.
Ladarius Brekke
Add your answer:
Earn +20 pts
What best states the main difference between a monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
What best states the main difference between monopoly and monopolistic competition?
monoplistic competition involves slightly differentiated products while monoply involves a single product.
What best states the main difference between a monopoly and a monopolistic competition?
monoplistic competition involves slightly differentiated products while monoply involves a single product.
Which f the following best states the main difference between a monopoly and monopolistic competition?
Under pure competition there are large number of buyers and sellers, homogeneous products and free entry and exit. Whereas under Monopoly there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.
Which of the folllowing best states the main difference between a monopoly and an oligopoly?
Oligopolies involve more than one company while monopolies involve only one. apex :]p
What best states the main difference between a monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
What best states the main difference between monopoly and monopolistic competition?
monoplistic competition involves slightly differentiated products while monoply involves a single product.
What best states the main difference between a monopoly and a monopolistic competition?
monoplistic competition involves slightly differentiated products while monoply involves a single product.
Which f the following best states the main difference between a monopoly and monopolistic competition?
Under pure competition there are large number of buyers and sellers, homogeneous products and free entry and exit. Whereas under Monopoly there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.
What is the difference between a state of United States and state of United States of America?
There is no difference. They are one and the same.
Is there a difference between states and territories?
Yes, states are fully self-governing political entities with their own constitutions, elected officials, and laws within a country. Territories, on the other hand, are regions or areas that are under the authority of the governing country. Territories may have varying degrees of self-governance but ultimately are subject to the laws and regulations of the governing nation.
What is the difference between Greek city states and Sumerian city states?
the city states
What is the highest price in monopoly?
Boardwalk is the highest property and it is $400 in the original United States Monopoly.
What has the author J Gregory Sidak written?
J. Gregory Sidak has written: 'Protecting competition from the postal monopoly' -- subject(s): Government business enterprises, Government monopolies, Management, Postal service, Privatization, United States Postal Service 'Toward Competition in Local Telephony'
What is difference in volumes between liquid nitrogen and solid nitrogen?
is there a chemical difference between the solid and liquid states of nitrogen
What monopoly did Italy have in the 1300s?
In 1300 Italy was not yet a state , but a myriad of independent feudal seignories, city states, maritime republics, the States of the Church and states subject to foreign monarchies. Therefore Italy as a whole had no monopoly. The Maritime Republics of Genoa, Venice, Pisa had the monopoly of the maritime routes to the Mediterranean Eastern States, that means they had also the monopoly of the spice trade.
The space race was between?
The 'space race' refers to the competition mostly in the 1950's and 1960's between the United States and china
