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Which of the following best explain why the media industry is characterized by an oligopolistic market structure?

centralization of ownership has led to an industry controlled by a few large companies. apex :)


The media industry is characterized by an oligopolistic market structure because?

centralization of ownership


What kind of market structure is gm?

The market structure is called oligopoly. Oligopoly is a market structure characterized by a small number of relatively large firms that dominate an industry.


What best explains why the media industry is characterized by an oligopolistic market structure?

Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership.


The adhesive label industry can best be characterized as what type of industry?

olygopoly


Oligoply is a market structure with a great deal of?

Is a market structure characterized by a few large firms that produce either standardized or differentiated product, where entry into the industry is difficult, and where there is a great deal of interdependence between the decisions made by the firms


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


The media industry is characterized by what?

Centralization of ownershipCentralization of ownership has led to an industry controlled by a few large.


What is The media industry is characterized?

Centralization of ownershipCentralization of ownership has led to an industry controlled by a few large.


What is the life cycle of Globe telecom industry?

It is the transformational path followed by the communication industry. The industry is majorly characterized by new technologies and services.


What is The media industry is characterized by an oligopolistic market structure because of?

The media industry is characterized by an oligopolistic market structure because a small number of large firms dominate the market, controlling the majority of content production and distribution. This concentration allows these firms to influence pricing, advertising rates, and content availability, limiting competition. Additionally, high barriers to entry, such as significant capital requirements and regulatory challenges, further entrench the position of established players. As a result, consumer choice may be restricted, and diverse viewpoints can be marginalized.