The document lists examples of businesses categorized under perfect competition, monopoly, and oligopoly market structures. Perfect competition includes small, local shops like fruit stands, flower shops, convenience stores, street vendors, boutiques, computer shops, and bakeries. Monopoly includes specialized businesses and brands with no close substitutes like high-end salons, bars, branded fast food chains, and luxury hotels. Oligopoly includes major industries dominated by a small number of large firms controlling the majority of the market like media, airlines, big tech, automakers, and consumer goods.
The document lists examples of businesses categorized under perfect competition, monopoly, and oligopoly market structures. Perfect competition includes small, local shops like fruit stands, flower shops, convenience stores, street vendors, boutiques, computer shops, and bakeries. Monopoly includes specialized businesses and brands with no close substitutes like high-end salons, bars, branded fast food chains, and luxury hotels. Oligopoly includes major industries dominated by a small number of large firms controlling the majority of the market like media, airlines, big tech, automakers, and consumer goods.
The document lists examples of businesses categorized under perfect competition, monopoly, and oligopoly market structures. Perfect competition includes small, local shops like fruit stands, flower shops, convenience stores, street vendors, boutiques, computer shops, and bakeries. Monopoly includes specialized businesses and brands with no close substitutes like high-end salons, bars, branded fast food chains, and luxury hotels. Oligopoly includes major industries dominated by a small number of large firms controlling the majority of the market like media, airlines, big tech, automakers, and consumer goods.