Answer: the industry that most closely approximates the conditions of the oligopoly model is airlines.
Explanation: oligopoly is a market situation made up of small entities which are independent in their working and they do not have any influence on each other. airlines industries and automobiles industries are two well known examples of oligopoly markets.
In oligopoly markets:-
- industry is dominated by small number of sellers sellers are aware of each others action
- decision of one firm effect the decisions of other firms
- they are concentrated less in monopoly more in competitive system
- increasement of interdependence
oligopoly is a market situation in which small number of firms who together have substantial influence over a certain industry or markets.
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Explanation:
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Answer:
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Explanation:
The company Apple, has had many successful and unsuccessful attempts at products and branding. Its been quite successful in the companny's ability to diffuse their products around the world. iPhones and other apple products ca be found nearly in every continent and the newest iPhone always seems to be trending on social media. However, like all companies, Apple's less successful products have lead to although minor commercial failures. Many complain that apple's merchandise are overpriced and al the same leading to less commercial values than originally anticipated.
Take the iPhone SE for instance, mirroring almost exactly the same as the iPhone 4, was to say the least, not Apple's greatest success.
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Answer: Islam
Explanation:
62% of Central Asia pratices Islam