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Whats the meaning of oligopoly and monopoly market structure​

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Answer:

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence, whereas monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

Step-by-step explanation:

got it from class with help from investopida

User Indrap
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Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence. A monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.
User Wayne Liu
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