Social Studies, 02.09.2021 22:10 twinky5
Only two large corporations sell cars in a country. Though they sometimes compete for customers, the corporations have agreed never to lower their prices below a certain level. They also operate in different parts of the country so that few consumers have a real choice between the companies. As a result, the companies have little direct competition. this situation best illustrates which market condition?
Answers: 2
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Only two large corporations sell cars in a country. Though they sometimes compete for customers, the...
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