Monopolies are usually bad for society so governments either nationalise them or regulate them.
inhibitor
united utillities is the only water providing service currently operating in the ukTherefore is a pure monopoly
Zero
A monopoly involves no competition at all while pure competition involves a high level of competition.
A monopoly involves no competition at all while pure competition involves a high level of competition.
Pure competition, pure monopoly, monopolistic competition, and oligopoly.
oligopoly, monopoly, and pure competitonMonopoly, Pure competition, Oligopoly
in pure competition and pure monopoly =)
Homogeneous products are in a monopoly, oligopoly, monopolistic, monopoly and pure competition according to economics. for the purpose of analysis.
yes. even tho its illegal in the US other countries still allow monopoly. like mexico
pure or perfect, monopolistic, oligopoly, and monopoly
What is the difference between perfect competition and pure monopoly