answersLogoWhite

0


Best Answer

Banks are competitive. This is why they spend so much on advertising. Monopoly and competition are opposites.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is banking industry monopolistic competition
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is product of shampoo include in monopolistic or perfect competition?

Monopolistic Competition


Give an example of a monopolistic market industry?

the common examples of monopolistic competition are foods,clothes,newspaperetc


Is Best Buy an oligopoly or monopolistic competition?

monopolistic competition


Is the market structure of the flatbed scanner industry an oligopoly or monopolistic competition?

do your own BUSS1040 assignment


What are the basic market model?

There are four basic market models based on the amount of competition within the industry. They are pure competition, monopolistic competition, oligopoly, and pure monopoly.


What kind of market structure is the coffee industry?

My views are very much depend which focus area that you intend to discuss; 1) Coffee Plantation Industry is perfect competition 2) Coffee Retail Industry is Monopolistic Competition


What is the explanation for the features of monopolistic competition?

Existence of large firms, no competition and influence over the prices are some of the characteristics of monopolistic competition.


Which is the main difference between perfect competition and monopolistic competition?

In monopolistic competition, sellers can profit from the differences between their products and other products.


What are the disadvantages of household in monopolistic competition?

The disadventages of this is that ... well it sucks muahhahaha Disadvantages of a household in monopolistic competition are that a monopolistic competition work as one big industy and no one can start there own bussinesses because they government will not allow it.


What does monopolistic competition and perfect competition have in common?

they maximize profit


Types of Market Competition?

Perfect Competition, Monopoly, Monopolistic Competition or Oligopoly


What are three types of business competition?

Pure Competition Monopolistic Competition Oligopoly Monopoly