Economists have identified four types of competitive markets: pure monopoly, monopolistic competition, pure competition, and
A)capitalism.
B)socialism.
C)consumer-dominated.
D)oligopoly.
E)government-dominated.

Question

Quizplus · Accepted Answer

The four types of competitive markets identified by economists are pure monopoly, monopolistic competition, pure competition, and oligopoly. The options A, B, C, and E do not fit into any of these categories.

Economists Have Identified Four Types of Competitive Markets: Pure Monopoly