Difference between Perfectly Competitive market and monopoly Markt?

Discussion in 'General Marketing' started by saqlain1009, Aug 16, 2009.

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  1. #1
    What is the different between Perfectly competitive market and monopoly Markt?
     
    saqlain1009, Aug 16, 2009 IP
  2. saqlain1009

    saqlain1009 Peon

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    #2
    A monopoly market is where one a company controls the majority of it and has the control over it. Perfectly competitive market is one where there is more than one company who have to compete against each other .
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    saqlain1009, Aug 17, 2009 IP
  3. Frank_WHH

    Frank_WHH Peon

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    #3
    thanks, good clean answer like I like them!
     
    Frank_WHH, Aug 17, 2009 IP