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Market Structures & Business Organizations - Roxie Randolph
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- Market Structures and Business OrganizationsBy Roxie Randolph
- A partnership in a business structure oligopoly is that they will rule over a certain market or industry and will make collaborative partnerships with other oligopolies. To define the market structure of a partnership oligopoly is that they are a small number of firms of which none can keep the others from having a significant influence.
- Why a sole proprietorship could be in a monopolistic competitive industry?
- Because monopolies operate without competition because they raise and lower prices whenever .
- Why a sole proprietorship could be in a perfectly competitive industry?
- Because people with sole proprietorship is a business responsible for debts, so in a perfect competition they have the same product only different quality.
- The way a corp could be a monopoly would be by getting rid of all competition by using intellectual property rights or hording a scarce resource.
- How a corporation could be a monopoly?
- How could a partnership be an oligopoly?
- A partnership could be an oligopoly because of firms that hold them together and making collaborations between companies of the same dominant industries
- Thats all folks!
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