Question
1. When the whole sector of the market is occupied by the little number of big corporations who share the leadership, what do we call
1. When the whole sector of the market is occupied by the little number of big corporations who share the leadership, what do we call this type of market structure? Explain .in details the benefit of this market for the leading company and the disadvantage of such situation on final consumers.
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This type of market structure is known as an oligopoly In an oligopoly a few large firms dominate th...
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan K. Wolcott
2nd Edition
978-0-470-7694, 0470769424, 978-0470769423
