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Give an example of monopoly

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Give an example of each monopoly, duopoly oligopoly & perfect competition. Note that seldom does 100% true monopoly or 100% true perfect competition exist so your examples would be each. Video resources were provided the prior module for most of these. Duopoly (Links to an external site.) doesn't have a video, but a webpage (valid 8/4/22)

1. a firm that is approximately a true monopoly (and associated industry),

2. then an example of an industry that would be considered duopoly with the corresponding players,

3. then an example of an industry considered an oligopoly, with a couple of company examples,

4. and finally an example of an industry that approximates pure competition.

That would be a total of 4 examples. Be sure to identify why each is an example of that level of competition.

Reference no: EM133230216

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