Why is competition limited in an oligopoly

Social Studies

2 answers:

dimulka [17.4K]4 years ago

5 0

The reason why it is so limited is because there is such a small amount of sellers and producers

Salsk061 [2.6K]4 years ago

5 0

<h2>High entry costs prevent new producers from entering the market.</h2><h3>Explanation:</h3>

An oligopoly is a kind of business wherein a surprisingly few numbers of producers produce nearly the whole supply of goods used by the people. Establishing up a brand and inciting enormous set-up expenses such as installing up production plants and mutable expenses like wages of workers related to different brands is very very hard as it requires billions of dollars.

You might be interested in

With her eyes closed, Sierra can accurately touch her mouth, nose, and chin with her index finger. Sierra's accuracy illustrates

zvonat [6]

Answer:

Touch. and Coordination.

Explanation:

Touch is what helped her be able to touch those specific parts of her Body, and Also Coordination Knowing where things are Helped her no exactly where those parts we're.

3 0

2 years ago

Which battle had nearly equal Japanese and American casualties?

Kaylis [27]

So, no too Nagasaki Hiroshima they are bombings and wake island was the attack on pearl harbor so it has two be Iwo jima Of the 22,060 Japanese soldiers on the island, 18,844 died from fighting or by sui cide. Only 216 were captured during the battle. After Iwo Jima, 3,000 hid in the tunnels. The 36-day battle for Iwo Jima resulted in more than 26,000 American casualties

6 0

3 years ago

Read 2 more answers

Which of these best describes the relationshipsame among the federal government, the states, the citizens as described in the co

noname [10]

D. The Federal Government’s powers are defined; other rights are reserved for the states and the people.

3 0

3 years ago

Pleasssseee helppppppp!!

Rama09 [41]

Answer:

banks must have an information security policy

8 0

3 years ago

A belief that the news anchor on CNN is giving one important messages about one's behavior reflects: A. passive-aggressive disor

jasenka [17]

Answer:

B. ideas of reference.

Explanation:

The idea of reference: The idea of reference is also referred to as delusion of reference. An idea of reference reflects an individual's false belief about any irrelevant details or occurrences in the world and relate it directly to one's personality and self.

In other words, when an individual believes that his or her actions, presence, or thoughts are the reason behind something that occurs in time, then ideas of reference occurs.

In the question above, the statement signifies the ideas of reference.

8 0

3 years ago