Which of the following correctly arranges market structures in order from easiest entry to hardest entry?

Monopolistic competition, monopoly, pure competition, oligopoly

Monopoly, oligopoly, monopolistic competition, pure competition

Oligopoly, monopoly, monopolistic competition, pure competition

Pure competition, monopolistic competition, oligopoly, monopoly

Question

Which of the following correctly arranges market structures in order from easiest entry to hardest entry?

Monopolistic competition, monopoly, pure competition, oligopoly

Monopoly, oligopoly, monopolistic competition, pure competition

Oligopoly, monopoly, monopolistic competition, pure competition

Pure competition, monopolistic competition, oligopoly, monopoly

anonymous · Answer

sorry have not dont econ in so long

anonymous · Answer

@divagirl421

anonymous · Answer

The monopoly only has a few firms operating within it and strong barriers. The perfect or pure competition has no barriers to entry and many firms. Now can you decide? @evilmath

anonymous · Answer

many operating*

anonymous · Answer

Perfect competition has no barriers to entry as there no patents,copyrights while a monopoly has very difficult entry since monopoly power is obtained from patents,control of an important factor of production and both legal and financial barriers