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Answer to Question #147083 in Microeconomics for dippa

Question #147083
which market structure operate in drama production(units)?
1
Expert's answer
2020-11-30T16:41:14-0500

Answer

Drama production is oligopolistic market structure because it have characteristics of oligopolistic market structure like - large market share, high barrier to entry, interdependence, and

Higher price then perfect competition.

Drama production is more efficient also.

So all the characteristics are relevant with oligopolistic market structure.


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