Question
Amy wants to buy a portable television and there are only three companies in the country that she can purchase from. The first is a
Amy wants to buy a portable television and there are only three companies in the country that she can purchase from. The first is a multi-national corporation that sells 50% of the portable televisions in the country. The other two companies share the rest of the market. Which of the following market structures best describe the portable television market?
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
