Owning the Market

In  the lesson on oligopolies and monopolistic competition (The Whole  Spectrum of the Market), Sal from Khan Academy creates a two-dimensional  grid of the market types based on the number of competitors and the  degree of product differentiation.
1. Identify one monopoly from which you buy a good or service.
2. Identify one oligopoly from which you buy a good or service.
3. Identify one monopolistic competitor that you buy a good or service from.
4.  Share one effect you think these types of firms have on the quality of  goods or services that you purchase. Is the quality affected positively  or negatively? Provide a rationale for your answer. Please watch the video link

200 words

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