oligopoly, monopoly, and pure competitonMonopoly, Pure competition, Oligopoly
In a free market system, several market structures can exist, including perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition features many buyers and sellers with identical products, leading to no single entity influencing prices. Monopolistic competition allows for product differentiation among many firms, while oligopoly involves a few dominant firms that can influence market prices. Lastly, a monopoly exists when a single firm controls the entire market for a product or service, leading to significant pricing power.
Capitalistic system.
Perfect-many equal sellersMonopolistic- many sellers producing similar products that are perceived as different by buyersOligopoly-a few sellers dominate a makrketMonopoly- only one major seller
Spanish Monopoly System is all goods produced in the New World had to be exported to Spain and to no other country but Spanish countries and only in Spanish ships. Everything the colonists bought had to be imported from Spain itself and carried in Spanish ships
oligopoly, monopoly, and pure competitonMonopoly, Pure competition, Oligopoly
pure competition, monopolistic competition, oligopoly, and monopoly
In a free market system, several market structures can exist, including perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition features many buyers and sellers with identical products, leading to no single entity influencing prices. Monopolistic competition allows for product differentiation among many firms, while oligopoly involves a few dominant firms that can influence market prices. Lastly, a monopoly exists when a single firm controls the entire market for a product or service, leading to significant pricing power.
Capitalistic system.
Turkey has a good railway system. It ranks in the world's top 25 railway systems.
NO. Sierra Leone does not have a working railway system.
Metro is a type of railway system
Perfect-many equal sellersMonopolistic- many sellers producing similar products that are perceived as different by buyersOligopoly-a few sellers dominate a makrketMonopoly- only one major seller
Yes, in fact South Korea does have a railway system.
Oligopoly
A railway system that runs on one rail is a monorail.
yes it does