MGTA01H3 Lecture Notes - Monopolistic Competition, Oligopoly, Perfect Competition
14
MGTA01H3 Full Course Notes
Verified Note
14 documents
Document Summary
Explain and justify your choice by identifying at least four features of an oligopoly and showing how each feature is present in the market you identify. During grade 12, she had learned a little bit about different. Degrees of competition one day, sunny was talking to her guidance teacher about her choices of which university she might attend. Mrs singh she asked her teacher is the market for university education perfectly competitive, monopolistically competitive, an oligopoly or a monopoly? . Well her guidance teacher replied it all depends . Henry is 55 yrs old and has recently been laid off. He worked as a chemist for many eyars w/ a large chemical corporation that has been hit hard by the recession. A former client comes to henry and asks if he would be willing to bid on a contract to supply windshield washer fluid to a large fleet of rental vehicles.
