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Why service market are dominated?

Updated: 9/20/2023
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Q: Why service market are dominated?
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What is the market dominated by a single buyer called?

Monopoly


What two emotions dominated the stock market?

Fear and Greed


What is a market dominated by single buyer popularly called?

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When a market is dominated by a few large profitable firms it is considered to be a?

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What is the term used to describe a market that is dominated by a single corporation or entity?

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Listing three market structures and giving two characteristics of each?

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An oligopoly is an industry or service, which is dominated by several major competitors.


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How do oligopolies affect the economy?

A market dominated by a number of small participants who are able to collectively exert control over supply and market and places.


How does eBay market their services?

Ebay is a another market place. They market their service as sellers.


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