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In: Economics

Provide an example of any two leading companies from the same industry which are competing directly...

  1. Provide an example of any two leading companies from the same industry which are competing directly for marketshare. Give a short profile (300-500 words) for each (provide references for your answers).
  2. If you are the manager of one of these companies, what pricing policy do you adopt to be in the first position? Why? (100-200 words)
  3. When the whole sector of the market is occupied by the little number of big corporations who share the leadership, what do we call this type of market structure? Explain in details the benefit of this market for the leading company and the disadvange of such situation on final consumers (300-500 words)

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Rahul Sunny answered 1 year ago
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Provide an example of any two leading companies from the same industry which are competing directly for marketshare. Give a short profile (300-500 words) for each (provide references for your answers). If you are the manager of one of these companies, what pricing policy do you adopt to be in the first position? Why? (100-200 words) When the whole sector of the market is occupied by the little number of big corporations who share the leadership, what do we call...
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