İşletme Yönetimi Deneme Sınavı Sorusu #980051
Which of the following is true for the term of "oligopoly"?
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Oligopolic market structure refer to the ideal types which were developed by economists for understanding markets and explaining the behaviors in them. |
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Oligopolycomprise the analyses of the market structure and industry structure. |
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Oligopoly has a couple of producers which sell a differentiated or an undifferentiated product with some pricing power in a consolidated market. |
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Oligopoly has just one producer who sells an undifferentiated product with a considerable pricing power in a consolidated market. |
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Oligopolic markets have many producers each sell a differentiated product with some pricing power in a consolidated or fragmented market. |
In oligopoly, a few producers—more than one but not a large number—sell products which may be either undifferentiated or differentiated such as mobile phone service in Turkey, cola beverages in the global market, and manufacturing of commercial airplanes with some pricing power in a consolidated market. Oligopolies have a couple of producers which sell a differentiated or an undifferentiated product with some pricing power in a consolidated market.
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