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kvv77 [185]
3 years ago
10

Arises when there are many firms each selling an identical​ product, many​ buyers, and no restrictions on the entry of new firms

into the industry. ▼ oligopoly monopoly monopolistic competition perfect competition is a market structure in which a large number of firms compete by making similar but slightly different products. ▼ oligopoly monopoly monopolistic competition perfect competition is a market structure in which a small number of firms compete. ▼ oligopoly monopoly monopolistic competition perfect competition arises when there is one firm which produces a good or service that has no close​ substitutes, and the firm is protected by a barrier preventing the entry of new firms.
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
8 0
1.perfect competition
2.monopolistic competition
3.oligopoly
4.monopoly
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