Which of the following is not a type of market structure?

The correct answer is: A. Competitive monopoly

A competitive monopoly is not a type of market structure because it is a contradiction in terms. A monopoly is a market structure in which there is only one seller of a good or service. A competitive market is a market structure in which there are many sellers of a good or service. It is not possible for there to be both a monopoly and competition in the same market.

An oligopoly is a market structure in which there are a few large sellers of a good or service. The sellers in an oligopoly have a great deal of market power, which means

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