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Dave says that most brands of eyeglasses are owned by the same company. This illustrates which type of competition?

asked
User Joonsoo
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8.3k points

1 Answer

2 votes

Answer:

The correct approach will be "monopoly ".

Step-by-step explanation:

  • Monopolistic competition seems to be a real economy discipline that organizes monopoly components as well as market mechanisms. In essence, a competitive monopoly market would be one with individual liberty of entering and exiting, but companies can promote their business.
  • Even though they have artificially cheap curvature of capital investment as well as and then they can fix prices.
answered
User Marco Luglio
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