Would it not be a Monopolistic with imperfect market structure
Monopoly, Oligopoly, and monopolistic competition.
Imperfect competition differs from perfect competition in market structure and pricing dynamics. In imperfect competition, there are fewer sellers and barriers to entry, allowing firms to have some control over prices. This leads to higher prices and potentially lower quantities produced compared to perfect competition, where there are many sellers and prices are determined by market forces.
I think the market structure of the apple is oligopoly because the firm like apple creating the ipod and iphone is some what few not exceed to 10 also. so, the firm apple applies to oligopoly market structure.
An imperfect market in which there is widespread price dispersion that can be exploited by marketers is more advantageous to businesses.
Perfect competition is a market structure where there are many buyers and sellers, identical products, perfect information, and no barriers to entry or exit. In contrast, imperfect competition includes elements like differentiated products, market power for some firms, and barriers to entry.
Monopoly, Oligopoly, and monopolistic competition.
a market structure in which a large number of firms all produce the same product
Imperfect competition differs from perfect competition in market structure and pricing dynamics. In imperfect competition, there are fewer sellers and barriers to entry, allowing firms to have some control over prices. This leads to higher prices and potentially lower quantities produced compared to perfect competition, where there are many sellers and prices are determined by market forces.
I think the market structure of the apple is oligopoly because the firm like apple creating the ipod and iphone is some what few not exceed to 10 also. so, the firm apple applies to oligopoly market structure.
An imperfect market in which there is widespread price dispersion that can be exploited by marketers is more advantageous to businesses.
Perfect competition is a market structure where there are many buyers and sellers, identical products, perfect information, and no barriers to entry or exit. In contrast, imperfect competition includes elements like differentiated products, market power for some firms, and barriers to entry.
amitabh bachhan
In perfect competition, there are many buyers and sellers, products are identical, and there are no barriers to entry. In imperfect competition, there are fewer sellers, products may be differentiated, and there may be barriers to entry.
The impact of using imperfect substitutes in a competitive market can be determined by analyzing factors such as consumer preferences, price elasticity, and market competition. Imperfect substitutes may lead to changes in consumer behavior, pricing strategies, and market dynamics, ultimately affecting market outcomes and profitability for businesses.
Imperfect monopoly
imperfect competition market
Perfect markets refer to markets where there is competition and sellers are price takers. An imperfect market refers to markets that have a dominant seller and they are able to set the price.