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Sophia Nguyen——Studied at Harvard University, Lives in Cambridge, MA
Here are the four basic market structures:Perfect competition: Perfect competition happens when numerous small firms compete against each other. ... Monopoly: A monopoly is a firm that has no competitors in its industry. ... Oligopoly: An oligopoly is an industry with only a few firms.More items...read more >>+119962023-05-15 11:00:29
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