1) Roma is considering getting either a used car or a scooter to get back and forth to work. The car and the scooter would be an example Threat of substitutes bargaining power of suppliers bargaining power of customers 4 rivalry among existing customers 5 rivalry among existing firms
1) Roma is considering getting either a used car or a scooter to get back and forth to work. The car and the scooter would be an example Threat of substitutes bargaining power of suppliers bargaining power of customers 4 rivalry among existing customers 5 rivalry among existing firms
Chapter10: Monopolistic Competition And Oligoply
Section10.5: Price And Output Decisions For An Oligopolist
Problem 1GE
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1) Roma is considering getting either a used car or a scooter to get back and forth to work. The car and the scooter would be an example
- Threat of substitutes
- bargaining power of suppliers
- bargaining power of customers
4 rivalry among existing customers
5 rivalry among existing firms
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