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What are the pros and cons of innovation theory?
By definition, innovation is an improvement, so the advantage of innovation is it makes things easier and better. A disadvantage of innovation, though, is that it is change and takes some time to get used to. Some people may oppose the change in favor of the familiar as well.
Is asda a monopoly or oligopoly?
oligopoly
Is sainsbury's monopoly or oligopoly?
Oligopoly!
Is comcast a monopoly or oligopoly market structure?
Oligopoly
Is airline industry a oligopoly or monopolistic?
Oligopolistic
What is the price elasticity in a oligopoly?
in oligopoly what is the nature of price elasticity
What are the types of oligopoly?
Oligopoly is a market from where large numbers of buyers contact few sellers for the purpose of buying and selling things. The different types are a pure oligopoly, a differentiated oligopoly, a collusive oligopoly, and a non-collusive oligopoly.
What is meant by market structure?
An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.
Can you use oligopoly in a sentence?
Oligopoly is a market with small number of buyers and sellers.
What is Pure Oligopoly?
a pure oligopoly is when few producers dominate the production of on item
Is a Gas station with convenient store a oligopoly?
I will probably say its more of oligopoly.
Price wars are prima facie evidence of what economic market?
Oligopoly
