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When the light bulb industry went from being a single seller market to a competitive market the price of light bulbs decreased increased?
increase
What else can I help you with?
Is kmart a oligopoly business?
Kmart operates in the retail sector, which is characterized by a mix of competitive dynamics, including elements of both oligopoly and competition. While Kmart competes with other large retailers like Walmart and Target, the presence of many smaller stores and online retailers means it does not strictly fit the definition of an oligopoly. Instead, it is part of a competitive market with a few dominant players. Overall, Kmart's market situation is better described as part of a competitive landscape rather than a true oligopoly.
What improves when technology such as new processes or equipment?
When new technology, such as advanced processes or equipment, is implemented, efficiency often improves as tasks become more streamlined and automated. This can lead to increased productivity and reduced operational costs. Additionally, the quality of outputs may enhance due to more precise and reliable tools, resulting in fewer errors and higher customer satisfaction. Overall, innovation fosters a competitive edge in the market.
How do you get cheap houses on Cape Cod?
While the Real Estate market is hurting at this time, Cape Cod property will never be cheap with the median price currently at about 250 thousand dollars. That figure has decreased by about 75 thousand dollars in the past year.
What is the adjective form of market?
Although the word market is usually a noun or a verb, market can be used as an adjective, such as market price or market square. Another form of adjective is marketable.
How many products does the printing industry produce a year?
The printing industry produces billions of products annually, encompassing a wide range of items such as books, magazines, newspapers, packaging materials, labels, and promotional materials. The exact number can vary significantly based on market demand and technological advancements. In recent years, the shift towards digital media has also influenced production volumes, leading to a decline in some traditional print formats while increasing demand for specialized printing services. Overall, the industry remains a vital component of global commerce and communication.
What is the size annual revenue market research and competitive intelligence industry?
Instant Access to Complete Market Research for the Retailing Industry, Statistics, Competitive Intelligence, Revenues, Chain Stores.
What business or industry is most likely to be found in a perfectly competitive market?
the adult film industry
Characteristics of perfect competitive market?
A perfectly competitive market has many competitors. There is no one competitor that has more say in product prices within the industry.
Four factors influence an industry's competitive rivalry and competitive dynamics?
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
What are the sources of the firm's market power?
The source of a firm's market power is its competitive advantage. When a business has a competitive advantage they can use that to make significant changes in the industry.
Is peanut industry perfect competition?
No. There is no perfectly competitive market in real life.
What is Competitive market system?
A competitive market is one that has multiple buyers and sellers. This means there is no single vendor or consumer who has absolute control over the price in the market. In such a market, businesses openly compete for market share.
What is external competitiveness?
it is how an oganisation is percieved to be competitive or attractive in its industry or market in comparison to its competitors.
What are the benefits of pursuing an M Tech degree in today's competitive job market?
Pursuing an M Tech degree in today's competitive job market can provide several benefits, including increased job opportunities, higher earning potential, specialized skills and knowledge, and a competitive edge in the job market.
What likely happened to the price of the books?
The price of the books likely fluctuated due to market demand, cost of production, and competitive pressures. It may have increased if demand surpassed supply or production costs went up. Conversely, the price could have decreased if there was excess inventory or intense competition.
What factors make Hongkong a favorable place to develop an industry?
Free competitive and fair economic market, low taxes, institutions
Current market share for perrier water?
Market share is the portion of the consumer base, in a given industry, that is controlled by any one of the competitive companies in that industry. Perrier Water has 13.1 percent of the market share of the leading bottled sparling water brands in the United States.
