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In an oligopoly, a firm that fails to effectively compete may face significant costs, including loss of market share and reduced profits. The firm could also suffer from increased price competition, leading to a price war that further erodes margins. Additionally, failing to innovate or differentiate products can result in decreased customer loyalty and a long-term decline in market position. Ultimately, these factors can threaten the firm's sustainability in a highly interdependent market environment.
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Sony Ericsson is oligopoly firm?
yes
What is the cost to a firm in an Oligopoly that fails to take rivals' actions into account?
In an oligopoly, a firm that neglects to consider rivals' actions risks making pricing and production decisions that could lead to significant losses. For example, if it sets prices too high without accounting for competitors' responses, it may lose market share and profitability. Conversely, if it lowers prices aggressively, it could trigger a price war, further eroding margins. Thus, ignoring rivals can result in suboptimal strategies and diminished competitive advantage.
Which market structure is the demand curve of the market represented by the demand curve of the firm?
oligopoly
What is the market structure of apple?
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.
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
Sony Ericsson is oligopoly firm?
yes
Which market structure is the demand curve of the market represented by the demand curve of the firm?
oligopoly
What is the market structure of apple?
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.
What arethree common reasons a firm fails financially?
Three common reasons a firm fails financially include operational inefficiencies, dysfunctional management and declining market.
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
Who initiates a foreclosure?
The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.
Compare the quantity and price of an oligopoly to those of a competitive market?
At profit maximization, marginal cost equals marginal revenue. Price will be higher than marginal cost.
What happen when the business firm fails to sell products?
What is the best answer for that question please.
Why is cost an important factor in market economies?
the least-cost production method will have to be used. If any other method were used, firms would be sacrificing potential profit. Any firm that fails to employ the least-cost technique will find that other firms can undercut its price.
A situation where there are a few large firms and any change in one firm's output or prices will affect the whole market is known as?
oligopoly (study islands)
Is sainsbury's monopoly or oligopoly?
Oligopoly!
Is asda a monopoly or oligopoly?
oligopoly
