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jolli1 [7]
2 years ago
7

How Does The State Of Competition Among hotels

Business
1 answer:
notsponge [240]2 years ago
3 0
The state of competition may be affected by the structure of the market, regulations, ownership, the nature of products, and the behaviours of certain economic agents. Central concepts to describe the state of competition include: Market power, or the ability of firms to charge prices above competitive levels.
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