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Answer to Question #146197 in Microeconomics for Bob Dylan

Question #146197
What are the 4 types of market structures? Give an example of each.
1
Expert's answer
2020-11-24T06:48:24-0500

Perfect competition - examples are stock, agricultural and craft 

Monopolistic Competition - Examples include fast food restaurants, clothing stores

Oligopoly - they include video gaming consoles

Pure Monopoly - Public utilities are good examples of pure monopolies


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