A. Pure competition Computer operating systems B.Near monopoly Fast food restaurants C. Monopolistic competition Online auctioning D. Oligopoly Car makers
WALMART
markets for agricultural goods such as sugar and for finacial securities such as shares are the closest approximation to pure competition . in reality , pure competition doesnt exist
In pure competition, many firms sell identical products, like in agriculture. A monopoly, such as cable television providers, has a single company dominating the market with no close substitutes. Monopolistic competition, seen in online auctioning, features many firms offering differentiated products. An oligopoly, like the airline industry, consists of a few large firms that dominate the market, often leading to interdependent pricing and strategic behavior among competitors.
I need an answer what are 5 characteristics of pure competition?
This depends upon whether or not you really need all the services you get in the package. Another factor is the amount of competition in your area. If there's no competition then the cable company overcharges. If there is competition you should find the best fit for your needs.
It is the quality and purity of the used cables, and the shielding as well that depends most while you are searching for a good cable or cable company. The cable that is best is pure Cuprium cable.
Under pure competition, firms produce a homogeneous product, so there is no reason to advertise. Pure competition is also known as perfect competition.
Pure competition, pure monopoly, monopolistic competition, and oligopoly.
The textile industry is probably the closest example to pure competition on Earth.
The textile industry is probably the closest example to pure competition on Earth.
A monopoly involves no competition at all while pure competition involves a high level of competition.