Question #312141

evaluate the likelihood of uber making an economic profit in the long run?


Expert's answer

UBER operates in the market structure of oligoply Oligopoly The market condition that exists when there are few sellers,and as a result, they can greatly influence price and other market factors.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS