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2 November, 23:43

Use your basic knowledge and your understanding of market structures to answer this question. Which of the following companies most closely approximates a monopolistic competitive? 1. Subway Sandwiches 2. Pittsburgh Plate Glass 3. Ford Motor Company 4. Microsoft

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  1. 2 November, 23:49
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    4. Microsoft

    Explanation:

    Microsoft founded by Bill Gates is considered to be the most advanced and best example of monopolistic competition. According to recent reports by Microsoft there are now 1.2 billion users worldwide that use some kind of their services or products.

    It is often viewed that monopolies create disadvantages in an economic society.

    For example, Some years ago Internet explorer browser software developed by Microsoft for Microsoft's Windows Operating system restricted web browser competitors like Opera and Netscape from accessing the browser market. This deliberate action by Microsoft is one of many such examples of monopolies.
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Home » Business » Use your basic knowledge and your understanding of market structures to answer this question. Which of the following companies most closely approximates a monopolistic competitive? 1. Subway Sandwiches 2. Pittsburgh Plate Glass 3.
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