MATA32H3 Study Guide - Midterm Guide: Sole Proprietorship, Monopolistic Competition, Ryerson University
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During grade 12, she had learned a little bit about different. One day, sunny was talking to her guidance teacher about her choices of which university she might attend. 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 . Sunny"s high school guidance teacher said that the type or degree of competition for university education depends . The reason she could not give sunny a clear and definitive example is that the degree of competition for most products depends on the perception of the buyer, and on the buyer"s ability to find alternatives. If sunny was an a+ student, and a scholarship winner, and her family could give her generous financial support, and she didn"t care whether she lived at home, she could get into, and afford to attend, any.
