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.
<span>Virginia Company of London. Did.
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Answer:
Dont you need the reading not sure trying to give you the answer but not sure.
Explanation:
Ozone layer breaking lots of glaciers melting air pollution
Answer:
Phenomenal economic growth
Explanation:
After World War II, the USA's economy skyrocketed and earned its position as the world's richest country. This growth had different sources, the automobile industry being the most important out of them as the number of vehicles produced annually, quadrupled.
Hope this helps!
