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Setler [38]
3 years ago
8

Four degrees of competition

Business
1 answer:
Neko [114]3 years ago
4 0

Answer:

There are four types of competition in a free market system:

  1. perfect competition
  2. monopolistic competition
  3. oligopoly
  4. monopoly

Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

Hope this helps :)

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