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Is the automotive industry considered an oligopoly?
Yes, the automotive industry is considered an oligopoly because it is dominated by a small number of large firms that have significant control over the market.
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 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 impact does the presence of oligopoly in the car industry have on competition and consumer choice?
The presence of oligopoly in the car industry can limit competition and consumer choice. Oligopoly occurs when a few large companies dominate the market, leading to less variety and innovation in products. This can result in higher prices for consumers and less incentive for companies to improve their products or offer better deals. Overall, oligopoly in the car industry can restrict options for consumers and stifle competition.
Which is the market structure of the media industry?
Market structure of the media industry: Oligopoly
Is the automotive industry considered an oligopoly?
Yes, the automotive industry is considered an oligopoly because it is dominated by a small number of large firms that have significant control over the market.
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 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 impact does the presence of oligopoly in the car industry have on competition and consumer choice?
The presence of oligopoly in the car industry can limit competition and consumer choice. Oligopoly occurs when a few large companies dominate the market, leading to less variety and innovation in products. This can result in higher prices for consumers and less incentive for companies to improve their products or offer better deals. Overall, oligopoly in the car industry can restrict options for consumers and stifle competition.
Which is the market structure of the media industry?
Market structure of the media industry: Oligopoly
What is market structure in 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 impact does the car industry oligopoly have on competition and consumer choice in the market?
The car industry oligopoly limits competition by allowing a few large companies to control the market, which can lead to higher prices and less variety for consumers. This can restrict consumer choice and make it harder for smaller companies to enter the market.
