No a monopoly is defined as a business that controls a whole entire market and can make the products price what ever they want. Even though they bought Hersey there are plenty of other company's like them that they compete with.
yes
oligopoly
oligopoly
Oligopoly!
this would be considered to be a low Oligopoly market
Oligopoly
oligopoly
Monopoly?...
oligopoly
Oligopoly!
this would be considered to be a low Oligopoly market
Oligopoly
Oligopolistic
wal mart is considered to be an oligopoly. It can't be considered a monopoly because it isn't the sole company in its market.It has competition such as target. The only way Wal-Mart is a monopoly is in their low prices in which no one can beat.
in oligopoly what is the nature of price elasticity
Oligopoly is a market from where large numbers of buyers contact few sellers for the purpose of buying and selling things. The different types are a pure oligopoly, a differentiated oligopoly, a collusive oligopoly, and a non-collusive oligopoly.
An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.
Henri Nestle owns the nestle company