Which situation could be the best example of an oligopoly?
a new producer of power tools has...
Physics, 16.09.2019 03:30 Abdullah1860
Which situation could be the best example of an oligopoly?
a new producer of power tools has entered the market and is relying on low prices to attract consumers.
a new producer of a smart phone operating system is trying to enter the market but cannot because most cell phone makers use one of two popular operating systems.
a new producer of running shoes is trying to enter the market but cannot because of an existing patent.
a new producer of tires has entered the market and found that demand is already being met.
Answers: 1
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