0
No, a cable company does not operate in a purely competitive market. It typically functions in an oligopoly, where a few firms dominate the market, leading to limited choices for consumers. Cable companies often have significant control over pricing and services due to high barriers to entry and the substantial infrastructure investments required. This market structure contrasts with pure competition, where many firms offer identical products with no control over prices.
What else can I help you with?
Match the type of market structure with each example?
A. Pure competition Computer operating systems B.Near monopoly Fast food restaurants C. Monopolistic competition Online auctioning D. Oligopoly Car makers
What company is an example of pure competition?
WALMART
An example of a company that is doing pure competition in the market?
markets for agricultural goods such as sugar and for finacial securities such as shares are the closest approximation to pure competition . in reality , pure competition doesnt exist
A pure competition fast food b monopoly cable television c monopolistic competition online auctioning d oligopoly airlines?
In pure competition, many firms sell identical products, like in agriculture. A monopoly, such as cable television providers, has a single company dominating the market with no close substitutes. Monopolistic competition, seen in online auctioning, features many firms offering differentiated products. An oligopoly, like the airline industry, consists of a few large firms that dominate the market, often leading to interdependent pricing and strategic behavior among competitors.
Do you really save money with a cable tv package?
This depends upon whether or not you really need all the services you get in the package. Another factor is the amount of competition in your area. If there's no competition then the cable company overcharges. If there is competition you should find the best fit for your needs.
What are the technological advancements on audio cables?
It is the quality and purity of the used cables, and the shielding as well that depends most while you are searching for a good cable or cable company. The cable that is best is pure Cuprium cable.
What are five characteristics of pure competition?
I need an answer what are 5 characteristics of pure competition?
Which is the reason why there is no advertising by individual firms under pure competition?
Under pure competition, firms produce a homogeneous product, so there is no reason to advertise. Pure competition is also known as perfect competition.
What are the four basic market models?
Pure competition, pure monopoly, monopolistic competition, and oligopoly.
What are the examples of pure competition?
The textile industry is probably the closest example to pure competition on Earth.
What is an example of pure competition?
The textile industry is probably the closest example to pure competition on Earth.
What best states the main difference between a monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
