Do You think BP will survive

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Competition, imperfect

Friday, July 23, 2010

Term applied to markets in which perfect competition does not hold because at least one seller or buyer is large enough to affect the market price and therefore causes a downward slopping demand or supply curve. Imperfect competition refers to any kind or market imperfection pure monopoly, oligopoly, or monopolistic competition.

1 comments:

PENNY STOCK INVESTMENTS said...

Excellent but uneven.

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