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marta [7]
3 years ago
6

How might the architectural paint coatings industry be characterized?

Business
1 answer:
Alika [10]3 years ago
4 0
<span>b. market share vs. market growth potential</span>
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Which best states the main difference between a monopoly and pure competition?
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When you have a monopoly you have a product or service on the market with no competition. On the flip side, in a pure or perfect competition there are various competitors selling the same product or service as you. The main difference between these two are that a monopoly involves no competition at all while a pure competition involves a high level of competition. (the first choice)

The second choice is incorrect because it is harder to establish a product in a pure competition market because you are competing with other companies. 

The third choice is incorrect because a monopoly refers to a company with a product or service and no competition whereas a pure competition refers to one with the same products or services. 

The forth choice is incorrect because they can be present in various economy structures.

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Where do employees on the travel and tourism industry come from?
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