What's going on here? As soon as Dewey Cheatum and Howe Motors increase the prices on their SUVs, then so does their only competitor, You Betcha Motors! Their prices are basically the same for similar vehicles, although their advertising says their products are really very different. What kind competition exists here?

What's going on here? As soon as Dewey Cheatum and Howe Motors increase the prices on their SUVs, then so does their only competitor, You Betcha Motors! Their prices are basically the same for similar vehicles, although their advertising says their products are really very different. What kind competition exists here?

April 08, 2017

What's going on here? As soon as Dewey Cheatum and Howe Motors increase the prices on their SUVs, then so does their only competitor, You Betcha Motors! Their prices are basically the same for similar vehicles, although their advertising says their products are really very different. What kind competition exists here?



a) Monopolistic competition
b) Perfect competition
c) Oligopolistic competition
d) Limited competition





Answer: C


Learn More :

1 comments:

avatar
Balas
Ana Burden delete 6 April 2019 at 00:46

I have been checking out a few of your stories and i can state pretty good stuff. I will definitely bookmark your blog rtb advertising platform


If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.

Subscribe to: Post Comments (Atom)