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Corporation in Monopoly A monopoly is a business that is characterized by a lack of competition within a market and unavailable substitutes for its product. Monopolies can dictate price changes and create barriers for competitors to enter the marketplace.
Sole proprietorship in. Perfect CompetitionSole proprietorships exist only in monopolistic competitions
Sole proprietorship in Monopolistic competition:companies offer competing products or services that are similar, but not perfect, substitutes.
Partnership in Oligopoly:firms have an opportunity to form pair-wise collaborative links with other firms
How a sole proprietorship could be in a monopolistic competitive industry?Sole proprietorships exist only in monopolistic competitions
How a sole proprietorship could be in a perfectly competitive industry?

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