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Is the automobile industry considered an oligopoly?
Yes, the automobile industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.
Is the car industry considered an oligopoly?
Yes, the car industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.
Is the auto industry an oligopoly?
Yes, the auto industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.
Which is the market structure of the media industry?
Market structure of the media industry: Oligopoly
Is airline industry a oligopoly or monopolistic?
Oligopolistic
Is the automobile industry considered an oligopoly?
Yes, the automobile industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.
Is the car industry considered an oligopoly?
Yes, the car industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.
Is the auto industry an oligopoly?
Yes, the auto industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.
What is market structure in the media industry?
Oligopoly :)
Which is the market structure of the media industry?
Market structure of the media industry: Oligopoly
Is airline industry a oligopoly or monopolistic?
Oligopolistic
Why is the automobile industry considered an oligopoly?
The automobile industry is considered an oligopoly because it is dominated by a small number of large companies that have significant control over the market. These companies have the power to influence prices and competition, making it difficult for new entrants to enter the market.
Is the diamond industry an oligopoly or monopolistic cometition?
The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.
Which industry was an oligopoly in the US?
Steel industry
What type of industry with 20 firms has a concentration ratio of 30?
this would be considered to be a low Oligopoly market
What is market structure of the media industry?
Oligopoly.
What is an example of automotive competition oligopoly?
An example of an automotive competition oligopoly can be seen in the U.S. market, where a few major companies, such as General Motors, Ford, and Stellantis, dominate the industry. These automakers have significant control over pricing, production, and innovation, which limits competition from smaller firms. Their strategic decisions, such as introducing new models or investing in electric vehicles, can greatly influence market trends and consumer choices. This interdependence among the major players exemplifies the characteristics of an oligopoly.
