1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AfilCa [17]
3 years ago
11

Why do markets dominated by oligopolies result in high prices for the consumer?​

Social Studies
1 answer:
jarptica [38.1K]3 years ago
3 0

Answer:

In oligopoly, the market is controlled by a small group of entities which control all levels of production in the market.  This make it extremely difficult for new competitor to arrive and compete with the existing group control  the market.

When there is no competitors to worry about, the consumers have no other options beside buying the products that the group produced. This is why they can raise the product as they like without worrying about losing customers.

You might be interested in
A luxury car dealership assigns a service representative to each customer. This service rep handles all routine and emergency se
Karo-lina-s [1.5K]

Answer:

relationship orientation

Explanation:

According to my research on different sales approach, I can say that based on the information provided within the question this dealership has adopted a relationship orientation approach. This is a sales approach that focuses on developing a bond with the client in order to provide a better service and understand what is the best product for that client.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Training and education are both examples of
BaLLatris [955]
Don’t go off this answer wait for confirmation but maybe literacy rate
5 0
3 years ago
What do tolerance and flexibility in the multiethnic workplace require?
artcher [175]
Diversity Training provides directions on dealing with different cultures/ideas/belief systems by providing information. Empathy is the ability to understand someone's feelings. Endurance is the ability deal with something unpleasant.
7 0
3 years ago
What caused the irish to immigrate to the U.S.
Lostsunrise [7]
The Irish potato famine
6 0
3 years ago
Read 2 more answers
Which activity is an example of slander ?
Vesnalui [34]

Answer:

B

Explanation:

An slander is the defamation of a person, make a false spoke about a person. So in the Answer B this person is giving a speech based on lies about a  private citizen. That is the false spoke direct to a person.  

5 0
3 years ago
Read 2 more answers
Other questions:
  • What are some possible reasons that people stopped raising some domesticated species
    11·2 answers
  • Who is then current president of Uganda
    15·1 answer
  • When you prepare to make a left turn from a one-way road into a two-way road, you must:?
    13·1 answer
  • Which of the following statements about European demographics is false?
    7·1 answer
  • The ego defense mechanism in which a person who is confronted with anxiety returns to a more immature behavioral stage is called
    6·1 answer
  • Marisa asks, "how can i best get my 8-month-old baby to sleep well?" her doctor should answer: "put your child to bed lovingly."
    7·1 answer
  • Sue and Tim are arguing about the value of appointing rather than electing federal judges. Tim says they are appointed because t
    8·2 answers
  • What is the number one cause of crashes in both the state of virginia and the united states?
    14·1 answer
  • What did we find out about three population cyclic predation and cyclic mutualism models we analyzed?
    8·1 answer
  • Push on the crate with a force of 400 n, and it doesn't budge. what is the magnitude of the friction force on the crate in newto
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!