RE: Comparison between Monopolistic and Competitive Market

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Comparison between Monopolistic and Competitive Market

in hive-145160 •  2 years ago 

Competitive market is good for consumers. That can be seen from the mobile phone industry. Competition among different companies has led to production of budget friendly smartphones and devices which wasn’t possible earlier

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There are some other markets are there such as oligopoly and perfectly competitive market 🙃