Logo
Home Study Material Contact Search
AI Chat FREE
  1. social sciences
  2. psychology
  3. define the concepts of monopoly and oligopoly and

define the concepts of monopoly and oligopoly and discuss the extent to which large corporations are...

90.2K

Verified Solution

Question

Psychology

define the concepts of monopoly and oligopoly and discuss theextent to which large corporations are no longer engaged incompetitive economic activities

Answer & Explanation Solved by verified expert
3.9 Ratings (611 Votes)
When a single firm produces goods having no close substitute with significant barriers to entry of other firms it is termed as a monopoly market When there are a small number of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

For this assignment, your group will utilize the preliminary data collected in the Topic 2 assignment....

Accounting
1.2K views

Please write a 2000 word essay on: A. The need for insurance, covering the following topics: Various...

Biology
1.2K views

This is the strongest bond in an aqueous environment such as inside cells and is...

Physics
1.2K views

charge crossed through a section of the wire in 3 Estimate the average drift speed...

Basic Math
1.2K views

Suppose a new car that costs $25,000 depreciates by 12% each year. In about how...

Calculus
1.2K views

Use the linear approximation of the function f approximate the number 9 08 3 2556...

Calculus
1.2K views

the answer sheet You may write show work on 1 Which of the following is...

Accounting
1.2K views

The debt ratio of Jackson's Shoes is .9 and the debt ratio of Billy's Catering...

Accounting
1.2K views

PPP is concerned about the reported loss on the mugs they make. It is considering...

Accounting
1.2K views

M) The office supplies inventory account had a balance of $2,000 at the beginning of...

Accounting
1.2K views

Francis, Inc. acquired 40% of Park's voting stock on January 1, 2020, for $420,000. During...

Accounting
1.2K views

Q1.ABC Corporation manufactures two products, Product S and Product W. Product W is of fairly...