Alanis Justice story board
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electricity companies are an example of perfect competition "pure competition". There are many businesses, the products are identical but not much to choose from. Also there are no control over the prices.
Cars are an example of an oligopoly. There are many companies but, there is a multiple selection of cars to pick from. Some control over prices but not complete control.
cups is an example of monopolistic competititon . there are many companies for cups but they all serve the same purpose to drink out of.
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