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Usimov [2.4K]
2 years ago
13

A market in which a small number of strategically interacting firms produce the dominant share of output is called:_____.

Business
1 answer:
Naya [18.7K]2 years ago
4 0

Monopolistic markets are those in which a small number of strategically interacting enterprises produce the lion's share of the output.

The other end of the market structure spectrum, where there is only one firm, is called a monopoly. Monopolies possess monopoly power, or the capacity to alter the product's price. Market power, another name for monopoly power, is quantified by the Lerner Index. Monopolistic competition and oligopoly are the two intermediary market forms that are defined and discussed in this chapter. Market structure characterized by a differentiated product and flexibility of entry and exit is known as monopolistic competition. Monopolistically Competitive enterprises have two traits: one similar to a monopoly (a differentiated product gives it market strength) and the other to a competitive firm (freedom of entry and exit).

Learn more about Monopolistic here.

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What do individual shareholders gain when they buy shares of a companies stock?
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Benefits of Owning Shares.

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Summery.
A well defined portfolio will provide most benefits and fewer risk arising to stock ownership. to exchange you shares at a limited risk and get to earn more experts advice apart from stock ownership alone have a mix of stock bonds and commodities. This has proven to be the best way to make highest returns at lower risk. It is important to note that shareholders in stock market contribute close to 80% of the revenue in the market.

 
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