As a small-business owner, you're probably an avid reader of financial and economic news. And like many of your colleagues, you probably scratch your head over some of the headlines you read about ...

Although most people think of markets for various products as being either monopolistic or competitive, the reality is that our economy is more complicated. Individual product markets tend to fall ...

A monopolistic market is a market structure with the characteristics of a pure monopoly. A monopoly exists when one supplier provides a particular good or service to many consumers. In a monopolistic ...