The companies Globalgas that offers propane gas and Supergas that sells natural gas operate in Ciudad Juárez. Each inhabitant can connect to the natural gas or propane network. The gas market of this city is: Monopoly because there is only one natural gas distributor and one propane distributor Oligopoly because both companies fight for the same customers. Monopolistic competition because each distributor has its own brand. Perfect competition because each company usually improves the company of the other compa
The companies Globalgas that offers propane gas and Supergas that sells natural gas operate in Ciudad Juárez. Each inhabitant can connect to the natural gas or propane network. The gas market of this city is: Monopoly because there is only one natural gas distributor and one propane distributor Oligopoly because both companies fight for the same customers. Monopolistic competition because each distributor has its own brand. Perfect competition because each company usually improves the company of the other compa
Chapter1: Making Economics Decisions
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Problem 1QTC
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The companies Globalgas that offers propane gas and Supergas that sells natural gas operate in Ciudad Juárez. Each inhabitant can connect to the natural gas or propane network. The gas market of this city is:
Oligopoly because both companies fight for the same customers.
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