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Which of the following is NOT one of the types of markets we discussed? A. oxymoron B. perfect competition C. monopolistic D. oligopoly
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Which of the following is NOT one of the types of markets we discussed?

A. oxymoron
B. perfect competition
C. monopolistic
D. oligopoly

User Ushox
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1 Answer

21 votes
21 votes

Answer: D. Oligopoly

Explanation: A perfect competition market describes an arrangement where there exists man buyers and sellers trading an identical goods for which neither the buyers nor the seller can exercise significant market power. The buyers cannot influence the price and the sellers also cannot influence the price .

User Mrxra
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