Which of the following does NOT fall into the degrees of competition continuum?
A) Perfect competition
B) Monopolistic competition
C) Competitive advantage
D) Oligopoly
E) Monopoly

Question

Quizplus · Accepted Answer

Competitive advantage is not a type of market structure, but rather a strategic advantage that a company possesses over its competitors. The degrees of competition continuum refers to the varying levels of competition within a given market structure, and competitive advantage can exist within any of these structures.

Which of the Following Does NOT Fall into the Degrees