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- A corporation is a legal entity owned by individual stockholders. Parnership in oligopoly is when a bussines of two has small #'s of frims (grocery stores, railroads, oil.
- Sole proprietorshipAlondra Flores2nd Period
- Sole proprietorships is a bussines runed and owned by one person only. The owner gets to keep all the profit after paying income taxes.
- A monopoly is a market dominated by a single seller. Instead of many buyers and sellers, as is the case with pure competition, a monopoly has one seller and any number of buyers.
- How a sole proprietorship could be in a perfectly competitive industry?
- A sole proprietorship can be in a perfectly competitive industry by having a large number of firms that all produce and no single seller can control the supply or process.
- Omg i didn't know that a sole proprietorship could be a competitive industry, that's so cool!
- How a sole proprietorship could be in a monopolistic competitive industry?
- a sole proprietorship can be in a monopolistic competitive industry by small businesses including sole proprietorship types of business that will dominate this kind of market
- Wow! thank you for the information, this will definitely help in the future.
- How a corporation could be a monopoly?
- A corporation can be a monopoly by goverment creating monopolies that are intended to result in economics of a sacle that can benefit the consumers by keeping the costs down.
- that sounds so cool, i want to learn more!
- How could a partnership be a oligopoly?
- A partnership could be a oligopoly because it can have more than one owner and partnerships do as well. high profits are generated from oligopoly and use to developed even more products.