Which of the following models of market structure has the solution with the highest price?

a. Perfect competition

b. Bertrand oligopoly

c. Cournot oligopoly

d. Monopoly

Option d. Monopoly is correct

In a monopoly market, the price for a product is higher than in other types of markets. It shows that a monopolist has the market power to charge a higher price. He has a high market share in this type of market. He charges a higher price than the perfectly competitive market in which firms charge a very low price.