Post a New Question

Economics

posted by on .

Among monopoly, oligopoly, Monopolistic competition, and perfect competition, how would you classify the markets for each of the following drinks?
a. tap water
b. bottled water
c. cola
d. beer
I think it would be...
a. Monopoly
b. Oliopoly
c. monopolistic competition
d. monopolistic competition


Your answers sound reasonable. My own knee-jerk reaction would be to put bottled water under perfect competition. But, I could believe someone (you) could make the case for oligopoly.

Thanks for the information.

  • Economics - ,

    This was posted so long ago but yet to be answered. I have a track meet tomorrow and am dreaded to go!!!111

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question