List the Following Competitive Markets from Most Competitive to Least

question 212

Multiple Choice

List the following competitive markets from most competitive to least competitive.

• A)monopolistic competition, pure monopoly, pure competition, and oligopoly
• B)pure competition, monopolistic competition, oligopoly, and pure monopoly
• C)pure competition, monopolistic competition, pure monopoly, and oligopoly
• D)oligopoly, pure competition, monopolistic competition, and pure monopoly
• E)pure monopoly, oligopoly, monopolistic competition, and pure competition

---

Definitions:

Perform

To carry out, execute, or do an action or activity.

Competent

Having the necessary ability, knowledge, or skill to perform a task effectively or to make legally binding decisions.

Adequate Market

An economic concept where there is a sufficient number of buyers and sellers for a particular product or service.

Common Law

A legal system based on precedent and judicial decisions, rather than written laws or statutes, primarily in the UK and former British colonies.