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Which statement below is most correct?

Which statement below is most correct? 

Along the spectrum of market structures, monopolistic competition is closer to perfect competition while oligopoly is closer to monopoly. 

Along the spectrum of market structures,  monopolistic competition is closer to monopoly while oligopoly is closer to perfect competition.

None of the above options  are correct. There is no spectrum of markets.

There are only three market structures; perfect competition, monopolistic competition, and monoply.

Top Answer

Correct option is Along the spectrum of market... View the full answer

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Other Answers

The most correct statement is Along the spectrum of market... View the full answer

Along the spectrum of market structures,... View the full answer

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