The following are possible characteristics related to different market structures, EXCEPT:Monopoly always implies the existence of positive economic profitsThe key characteristic for Monopolistic Competition is product differentiation.Under Perfect Competition firms will compete only in price since the product is standard. Collusion is a profitable but unstable strategy under oligopoly.
Different market structures
Plagiarism-free and delivered on time!
We are passionate about delivering quality essays.
Our writers know how to write on any topic and subject area while meeting all of your specific requirements.
Unlike most other services, we will do a free revision if you need us to make corrections even after delivery.
How it Works
Place an order
Fill out the order form.
Attach any custom instructions that is required to complete your order.
Pay online safely.
The order form will redirect you to a payment page.
Receive Order via Email
Once the order is complete, we’ll send it via the email provided on the order form.