Either an oligopoly (dominated by a few firms) or monopoly (if these 4 firms collude - control price and supply)
No, Perfect Competition is just an imaginary one and it does not exist at all.
The four degrees of competition that exist in a capitalistic economy are: perfect competition, monopolistic competition, oligopoly, and monopoly.
why do small firms continue to exist despite competition from large firms
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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
No, Perfect Competition is just an imaginary one and it does not exist at all.
The four degrees of competition that exist in a capitalistic economy are: perfect competition, monopolistic competition, oligopoly, and monopoly.
No, concentration camps did not exist before Hitler invaded Poland.
why do small firms continue to exist despite competition from large firms
Oligopoly, Pure competition, Monopolistic competition
No they don't exist.
competition
There is no net movement.
A competitive market is defined as a marketplace where there are a lot of producers of similar products. The more choice there is for products the more likely that price competition will exist and keep prices in check
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The profit motive undermines competition unless competition is protected.
No. It is certain that mermaids do not exist.