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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
How is an oligopoly different from monopoly?
AR=MRnormal profits in the long runlarge number of sellersfree entry and excit ,as there are no barriersthe seller is only the price takerperfectly elasticeach firm is a part of the industry
Is Walmart oligopoly?
wal mart is considered to be an oligopoly. It can't be considered a monopoly because it isn't the sole company in its market.It has competition such as target. The only way Wal-Mart is a monopoly is in their low prices in which no one can beat.
Is container shipping industry monopoly or oligopoly market?
The container shipping industry is an example of an oligopoly market. While there are not many companies that provide container shipping services, there are more than one. The industry would only be a monopoly market if only one company provided the services.
How Is monopoly related to an oligopoly?
Monopoly and oligopoly are both market structures characterized by limited competition, but they differ in the number of firms involved. A monopoly exists when a single company dominates the entire market, having significant control over pricing and supply. In contrast, an oligopoly consists of a few firms that collectively hold a substantial market share, leading to interdependent pricing and strategic behavior among them. Both structures can lead to market inefficiencies and reduced consumer choice, but oligopolies may still exhibit some competitive dynamics among the few players involved.
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
How is an oligopoly different from monopoly?
AR=MRnormal profits in the long runlarge number of sellersfree entry and excit ,as there are no barriersthe seller is only the price takerperfectly elasticeach firm is a part of the industry
What the market structure which in the company PETRONAS is operating and identify the question?
oligopoly
Is Tesco supermarket monopoly or oligopoly or monopolistic competition?
it is not the company which can be said as monopoly or oligopoly, these both terms refer to two different MARKET structures. therefore the retail industry of UK is said to have similar features as in oligopoly as there are some firms like Tesco, Sainsbury and ASDA which lead the market.
Is Walmart oligopoly?
wal mart is considered to be an oligopoly. It can't be considered a monopoly because it isn't the sole company in its market.It has competition such as target. The only way Wal-Mart is a monopoly is in their low prices in which no one can beat.
What is the main difference a monopoly and an oligopoly?
The main difference between a monopoly and an oligopoly lies in the number of firms in the market. A monopoly exists when a single company dominates the entire market, having significant control over prices and supply, while an oligopoly consists of a few firms that dominate the market, where their actions are interdependent and can significantly influence each other's pricing and output decisions. In a monopoly, consumers have limited choices, whereas in an oligopoly, there are multiple options, albeit still limited due to the concentrated nature of the market.
Is container shipping industry monopoly or oligopoly market?
The container shipping industry is an example of an oligopoly market. While there are not many companies that provide container shipping services, there are more than one. The industry would only be a monopoly market if only one company provided the services.
How Is monopoly related to an oligopoly?
Monopoly and oligopoly are both market structures characterized by limited competition, but they differ in the number of firms involved. A monopoly exists when a single company dominates the entire market, having significant control over pricing and supply. In contrast, an oligopoly consists of a few firms that collectively hold a substantial market share, leading to interdependent pricing and strategic behavior among them. Both structures can lead to market inefficiencies and reduced consumer choice, but oligopolies may still exhibit some competitive dynamics among the few players involved.
Which of the folllowing best states the main difference between a monopoly and an oligopoly?
Oligopolies involve more than one company while monopolies involve only one. apex :]p
Is it an example of monopoly monopolistic competition or oligopoly in Tenaga Nasional Berhad Malaysia?
Tenaga Nasional Berhad is an example of monopoly. It is the largest Electric utility company in Malaysia and also the largest power company in Southeast Asia. Only one supplier.. Oligopoly is a few firms that sell the similiar product. For example, communication services have celcom, maxis, and digi. they give a similiar service to us and they are compete among of them in prices, services, promotions, etc..
What are some example of opligopoly?
http://www.answers.com/library/Investment%20Dictionary-cid-57121 Oligopoly A situation in which a particular market is controlled by a small group of firms.An oligopoly is much like a monopoly, in which only one company exerts control over most of a market. In an oligopoly, there are at least two firms controlling the market.Investopedia Says:The retail gas market is a good example of an oligopoly because a small number of firms control a large majority of the market.
Example of company that is doing oligopoly?
nokia
