Homework Help: microeconomics

Posted by Tashaml on Saturday, April 19, 2008 at 6:17pm.

the monopolist and the perfect competitor differ in that?

microeconomics - economyst, Monday, April 21, 2008 at 8:58am
They differ in the number of competitors. A monopolist, by definition, is the one and only firm producing some good or service. Under perfect competition, we assert there are a multitude of firms producing.

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