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· Two firms in the industry
· Strong control over price.
· Uses Non price competition to compete
· Very strong Barriers to entry
What else can I help you with?
What are the Fundamental characteristic of the market system?
What are the Fundamental characteristic of the market system?
A crystal structure is characteristic of what?
atomic packing arrangements of ions, atoms etc. A crystal structure is a characteristic of a mineral.
Market structure of Australia?
market structure of Australia
Describe the structure of the media market?
the structure of the media market?
Is an oligopoly market structure the most efficient market structure?
no it is not
What market structure best describe the market for cars in the US?
What market structure best describe the market for cars in the US?
Which of the following is characteristic of a competitive market?
efficiency
What is an characteristic of oligoply?
An oligopoly is characterized by a market structure where a small number of large firms dominate the industry. These firms have substantial market power which allows them to influence prices and other market outcomes. Oligopolies often involve interdependence among firms, with decisions by one firm impacting the actions of others in the market.
What is the characteristic reproductive structure of the ascomycetes?
They are known as the ' sac fungi ' for this reproductive structure.
What is the role of the government in the market structure?
the role of the government in the market structure is to control inflection
What is market structure in the media industry?
Oligopoly :)
Which is the market structure of the media industry?
Market structure of the media industry: Oligopoly
