Author: TMLTStaff

Monopolistic competition

What does Monopolistic competition entail? That is what am about to expatiate in this article. According to Wikipedia, it defined monopolistic competition as a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g....

Perfect competition

A Pure or perfect competition can be defined as  a theoretical market structure  centered on this basic  criteria, all company  sell an identical product (the product is a “commodity” or “homogeneous”); all firms are price takers (they cannot influence the market price of their...

Etihad Flight

Etihad Airways is the second biggest airline in the United Arab Emirates after Emirates. The company’s Headquarter is situated in Khalifa City, Abu Dhabi, near Abu Dhabi’s International Airport. Etihad started operations in November 2003 and have since then grew into...