enworkman5418 enworkman5418

15-01-2020
Business

contestada

The automobile industry in a developing country has very few available brands. Of one automobile company raises the prices of its trucks by a certain amount, other automobile companies follow by raising prices by a similar amount. This situation is an example of

Respuesta :

DeniceSandidge DeniceSandidge

16-01-2020

Answer:

correct answer is Oligopoly

Explanation:

this is an example of Oligopoly

because of Oligopoly

it is a market structure with many small companies and no company keep others by the significant influence

so as the company is characterized by some seller and if one company will increase the price and other company also follow suit

it is an example of Oligopoly

so correct answer is Oligopoly

Answer Link

Otras preguntas

2+2ndnzjsjfjfhcjfjfjfjfjejdujfjf

As a result of the press overstating the brothers' accomplishments A the brothers lost credibility. B. people did not believe what happened. C. people became ov

Cuál es la función de la pared celular

President Reagan's policy of trickle-down economics relied on whatidea to stimulate the economy?tax cuts, deregulation, and increased military spending.increasi

In the decision of Lily v. Goodyear Tire and Rubber Co, Inc., a deeply divided U.S. Supreme Court rejected the pro-employee paycheck accrual theory of pay discr

What distinguishes animal and plant cells?They are different sizes and different colors.They look different and have different functions.They are different colo

Which climatic zone is always hot and humid?O temperate continentalO aridO MediterraneanO tropical wetA1

i need help real quick please

Compare and contrast the processes of nuclear fusion and contrast it withnuclear fission, highlighting their applications and implications.

The population of a small town in central florida has shown a linear decline in the years 1993-2005. in 1993 the population was 24600 people. in 2005 it was 193