Walmart lies on the border between __________.
A)oligopoly and pure monopoly
B)monopolistic competition and pure monopoly
C)pure competition and monopolistic competition
D)monopolistic competition and oligopoly
E)pure competition and pure monopoly

Question

Quizplus · Accepted Answer

Walmart lies on the border between monopolistic competition and oligopoly because while it has many competitors in the retail industry, it also has a significant amount of market power and influence over prices due to its size and dominance in the market.

Walmart Lies on the Border Between __________