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yes. even tho its illegal in the US other countries still allow monopoly. like mexico
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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.
yes. even tho its illegal in the US other countries still allow monopoly. like mexico
united utillities is the only water providing service currently operating in the ukTherefore is a pure monopoly
Yes because in a third world country or undeveloped country there is very unstable goverment having no pure monoply or stable income
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Yes, Saint George really did exist. However, many of the stories surrounding his life are pure legends.
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.
1) Only one firm in the market (no competition). 2) Significant barriers to entry by other firms exist. 3) Lack of substitute goos for the monopolist's good. 4) Firm is a price-maker.
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.