Is it possible to move from the hypothetical perfect competition (many buyers, sellers, identical products) to move down the lane to monopolistic market structure than on to oligopoly then to a monopoly?

Is it possible to move from the hypothetical perfect competition (many buyers, sellers, identical products) to move down the lane to monopolistic market structure than on to oligopoly then to a monopoly? What would be an example of one? Can the same be sad going into reverse order, from monopoly down the line to the perfect competition?

Comments

Popular posts from this blog

Create Thread”. Do not create a new forum.

Discuss the notion that firms should stop doing business with customers who constantly generate losses versus the notion that the customer is always right.

Access AHIMA: What is Health Information