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Q: Is the market structure of the flatbed scanner industry an oligopoly or monopolistic competition?
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Is airline industry a oligopoly or monopolistic?

Oligopolistic


What are the basic market model?

There are four basic market models based on the amount of competition within the industry. They are pure competition, monopolistic competition, oligopoly, and pure monopoly.


Is the diamond industry an oligopoly or monopolistic cometition?

The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.


Which is the market structure of the media industry?

Market structure of the media industry: Oligopoly


What is market structure in the media industry?

Oligopoly :)


Name the four kinds of industry infrastructure?

perfect, monopolistic,oligopoly, and monopoly


Is the restaurant industry oligopoly?

The fast-food industry itself is an oligopolistic market, but it operates under the monopolistic competitive market of restaurants in general.


Is Tesco supermarket monopoly or oligopoly or monopolistic competition?

it is not the company which can be said as monopoly or oligopoly, these both terms refer to two different MARKET structures. therefore the retail industry of UK is said to have similar features as in oligopoly as there are some firms like Tesco, Sainsbury and ASDA which lead the market.


What kind of market structure is the coffee industry?

My views are very much depend which focus area that you intend to discuss; 1) Coffee Plantation Industry is perfect competition 2) Coffee Retail Industry is Monopolistic Competition


What is market structure of the media industry?

Oligopoly.


Compare monopoly and monopolistic competition?

A monopoly is a market which has only one firm, the firm has market power, and there are barriers to entry. The long run profits for a monopolist may be greater than zero. Monopolistic competition is more closely related to perfect competition than monopoly. In monopolistic competition, there are many firms in the market. However, each firm has product differentiation. An example of monopolistic competition would be the jeans industry. There are many different types/quality of jeans e.g. True Religion, Levi's and Lee's. Products are somewhat differentiated, but, as in perfect competition, the long run profit = 0. Oligopoly is a market in which there are only a few firms, each firm has market power, and there is much product differentiation between the firms. The long-run profit of oligopoly can be greater than zero, because there are barriers to entry in the market.


What kind of market structure is the supermarket industry?

Oligopoly