MicroEcon????

Question

Which of the following correctly arrays the various market structures in terms of their similarities?

a.pure competition, oligopoly, monopolistic competition, pure monopoly

b.pure competition, oligopoly, pure monopoly, monopolistic competition

c.pure competition, pure monopoly, monopolistic competition, oligopoly

d.pure monopoly, oligopoly, monopolistic competition, pure competition

Answer 1

d.pure monopoly, oligopoly, monopolistic competition, pure competition

Answer 2

Yes d