Question and answer
Monopolistic completion and oligopoly are examples of what?
Oligopoly and monopolistic competition have some similarities, but also have a few important differences. Both are examples of imperfect competition on the market structure continuum between ideals of perfect competition and monopoly. [ However, oligopoly contains a small number of large firms and monopolistic competition contains a large number of small firms. The dividing line between
oligopoly and monopolistic competition can be blurred due to the number of firms in the industry. Oligopoly is a market structure containing a small number of relatively large firms, with significant barriers to entry of other firms. Monopolistic competition is a market structure containing a large number of relatively small firms, with relative freedom of entry and exit. While it might seem as though the difference between oligopoly and monopolistic competition is clear cut, such is not always the case. ]
Get an answer
Original conversation
User: retail outlets operate in which of the following market structures

User: Monopolistic completion and oligopoly are examples of what?





Weegy: Oligopoly and monopolistic competition have some similarities, but also have a few important differences. Both are examples of imperfect competition on the market structure continuum between ideals of perfect competition and monopoly. [ However, oligopoly contains a small number of large firms and monopolistic competition contains a large number of small firms. The dividing line between oligopoly and monopolistic competition can be blurred due to the number of firms in the industry. Oligopoly is a market structure containing a small number of relatively large firms, with significant barriers to entry of other firms. Monopolistic competition is a market structure containing a large number of relatively small firms, with relative freedom of entry and exit. While it might seem as though the difference between oligopoly and monopolistic competition is clear cut, such is not always the case. ]
Expert answered|Albert50|Points 30|

Question
Asked 11/3/2013 3:53:59 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
what are the most important characteristics in monopolies?
Weegy: Important features of monopolistic competition 1. [ Existence of large number of firms: (2) Product differentiations (3) Some influence over the price (4) Absence of firm's interdependence (5) Non-price competition (6) Freedom of entry and exit ] (More)
Question
Expert Answered
Asked 10/27/2013 4:19:10 PM
0 Answers/Comments
21,552,245 questions answered
Popular Conversations
Solve the equation: h/9 = 7. A. h = 7/9 B. h = –63 C. h = ...
Weegy: A. M = K/LN User: Solve this equation: 2s + s + 12 = 132. A. s = 40 B. s = –30 C. s = 9 D. s = 120 ...
7/3/2015 1:17:37 PM| 3 Answers
Read the selection. Then, answer the questions that follow. Coyote ...
Weegy: D. Mythical heroes always elicit admiration is the answer. User: Which of the following is an absolute ...
7/3/2015 2:31:12 AM| 2 Answers
What type of force is ...
7/3/2015 7:45:48 AM| 2 Answers
Determine if the statement is always, sometimes or never true. An ...
Weegy: An equilateral triangle is a regular polygon. The answer is sometimes. User: A triangle can have one right ...
7/3/2015 8:35:42 AM| 2 Answers
Which one represents water? a.H 2 0 b.H 3 0 c.C 2 0
Weegy: I assume you mean divided by and the answer would be 1
7/3/2015 10:20:28 PM| 2 Answers
What scientist demonstrated that the green parts of plants absorb ...
Weegy: Jan Ingenhousz demonstrated that the green parts of plants absorb carbon dioxide and release oxygen only in ...
7/3/2015 12:23:54 AM| 1 Answers
Weegy Stuff
S
1
L
P
1
1
Points 110 [Total 1516]| Ratings 1| Comments 100| Invitations 0|Offline
S
1
Points 70 [Total 581]| Ratings 0| Comments 70| Invitations 0|Offline
S
Points 31 [Total 31]| Ratings 1| Comments 21| Invitations 0|Offline
S
1
L
L
Points 24 [Total 8404]| Ratings 0| Comments 24| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
Points 13 [Total 9542]| Ratings 0| Comments 13| Invitations 0|Offline
S
R
Points 6 [Total 208]| Ratings 0| Comments 6| Invitations 0|Offline
S
L
P
P
Points 4 [Total 3563]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 1 [Total 1]| Ratings 0| Comments 1| Invitations 0|Offline
S
Points 1 [Total 44]| Ratings 0| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.