Perfect competition is perfectly elastic (taken from my Economics textbook)...still searching on the other three.
monopolistic competition
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
Monopolistic competition and oligopoly
Oligopoly, Pure competition, Monopolistic competition
Perfect competition is perfectly elastic (taken from my Economics textbook)...still searching on the other three.
monopolistic competition
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
Perfect Competition, Monopoly, Monopolistic Competition or Oligopoly
Pure Competition Monopolistic Competition Oligopoly Monopoly
Monopolistic competition and oligopoly
Monopoly, Oligopoly, and monopolistic competition.
Oligopoly. Few or top producers, around 60% of the market.
While monopolistic competition features many small firms competing against each other, oligopoly features competition amongst a few large firms. Both structures represent imperfect market competition.