The correct ranking of degree of market power (from highest to lowest) is:

A) monopoly, monopolistic competition, perfect competition, oligopoly.

B) monopoly, monopolistic competition, oligopoly, perfect competition.

C) monopoly, oligopoly, monopolistic competition, perfect competition.

D) oligopoly, monopoly, monopolistic competition, perfect competition.

E) perfect competition, monopolistic competition, oligopoly, monopoly. 2nd EditionDavid Anderson, Margaret Ray1,042 explanations

2nd EditionDavid Anderson, Margaret Ray1,000 explanations

9th EditionN. Gregory Mankiw279 explanations

8th EditionN. Gregory Mankiw814 explanations