corporations in monopoly

corporations in monopoly

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  • this is Blakes six weeks project and we are going to talk about business organizations and market structures.
  • To be more specific, we are talking about Why a sole proprietorship could be in a monopolistic competitive industry?
  • First off a sole proprietorship is when a single person owns a business.
  • this is how most businesses start out, then they progress into big corporations
  • Then how would it survive if it is all monopoly's?
  • In a monopolistic competition there would be few sole proprietorships. all of the business's would have multiple owners.
  • so a sole proprietorship would work in a monopolistic competition!!!!!
  • In conclusion you could have a product the same as a monopoly but people would want to buy your product since its from a sole proprietorship.
  • I think im going to start my own business and make it be a sole proprietorship.
  • good idea. if you want Ill buy half of your business and we can make a partnership
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