In economics there are four different types of market structures. They are as followed:
1) Perfect competition- This allows for businesses to compete against each other for consumers.
2) Monopoly- This is when one business or corporation corners a market. This occurs when a business is the only supplier of a good/service.
3) Oligopoly- This is when a small amount of businesses control a market/product.
4) Imperfect competition
In your question then, the correct answers are : Monopoly, perfect competition, and oligopoly.
Answer:
fiscal policy is best described as an automatic change in income transfer payments to keep the economy at full employment.
The trend that made it difficult for the federal government to continue supporting great society programs was: <span> a decrease in federal tax revenue
Great societies program planned to give various government funded welfare programs for the citizens, and to actually make this plan successful, the government need A LOT of tax revenue.</span>
A: Trainloads of tourists killed buffalo purely for sport.
