i need HELP now!!!! plz

I really need help with my IB (international business) project I need to know what kind of market structure is in china, Is it monopoly অথবা oligopoly……? I goggled but there’s isn’t 1 straight answer. So plz HELP ME
 bdavis98 posted বছরখানেক আগে
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China উত্তর

christina-lou said:
whats the difference between monopoly and oligopoly?? im chinese,maybe i can give u the answer but i have to know the difference first.....
select as best answer
posted বছরখানেক আগে 
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Monopoly:A situation in which a single company owns all অথবা nearly all of the market for a প্রদত্ত type of product অথবা service. This would happen in the case that there is a barrier to entry into the industry that allows the single company to operate without competition (for example, vast economies of scale, barriers to entry, অথবা governmental regulation). In such an industry structure, the producer will often produce a volume that is less than the amount which would maximize social welfare.
bdavis98 posted বছরখানেক আগে
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Oligopoly: A situation in which a particular market is controlled দ্বারা a small group of firms.
bdavis98 posted বছরখানেক আগে
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i dont think china has the situation like monopoly,but oligopoly do exit here in some industries,such as the electric,the communication,the oil....but most of the industries are full of competition,you have the advanced technolopy and the highly quality,you can have the market....thats what i know,hope can help u:) and if u have any other প্রশ্ন of china, u can just ask me:D
christina-lou posted বছরখানেক আগে
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