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
Oligopoly
An oligopoly.
The market structure is called oligopoly. Oligopoly is a market structure characterized by a small number of relatively large firms that dominate an industry.
probably oligopolistic; several large firms, a few small.
oligopoly
Oligopoly
An oligopoly.
The market structure is called oligopoly. Oligopoly is a market structure characterized by a small number of relatively large firms that dominate an industry.
probably oligopolistic; several large firms, a few small.
oligopoly
oligopoly
oligopoly
what are the market structures available in sri Lanka ?
What is specialized market
Telstra shares an oligopolic market in which it is a dominating firm.
The prisoners' dilemma is to explain an oligopoly market structure. It gives reasons as to why two individuals may not cooperate even if it is to their benefit.
Prices act as a signal in the market by providing information on supply and demand levels. When prices rise, it signals high demand and may encourage suppliers to increase production. Conversely, falling prices may indicate oversupply and prompt suppliers to decrease production. This helps balance the market and guide decision-making by producers, consumers, and investors.