duopoly market

What Type Market Is Controlled By A Few Companies?

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What Type Market Is Controlled By A Few Companies? Oligopoly. An oligopoly is dominated by a few firms, resulting in limited competition. They can collaborate with or compete against each other to use their collective market power to drive up prices and earn more profit. Entering into an oligopoly is difficult. What is an oligopoly

Is The Term Used To Describe The Amount Of Control Or Influence?

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Is The Term Used To Describe The Amount Of Control Or Influence? Monopolistic. Which best describes how the government sanctions technological monopolies? by issuing a patent for the technology. … is the term used to describe the amount of control or influence that consumers have on a market. Sovereignty. What is competition limited in an