The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.
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monopolistic competition
No - it has lots of competitors.
Oligopoly. Few or top producers, around 60% of the market.
The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.
perfect, monopolistic,oligopoly, and monopoly
do your own BUSS1040 assignment
monopolistic competition
No - it has lots of competitors.
Oligopoly. Few or top producers, around 60% of the market.
Monopolistic competition and oligopoly
The fast-food industry itself is an oligopolistic market, but it operates under the monopolistic competitive market of restaurants in general.
There are four basic market models based on the amount of competition within the industry. They are pure competition, monopolistic competition, oligopoly, and pure monopoly.
it is not the company which can be said as monopoly or oligopoly, these both terms refer to two different MARKET structures. therefore the retail industry of UK is said to have similar features as in oligopoly as there are some firms like Tesco, Sainsbury and ASDA which lead the market.
Homogeneous products are in a monopoly, oligopoly, monopolistic, monopoly and pure competition according to economics. for the purpose of analysis.
pure or perfect, monopolistic, oligopoly, and monopoly