ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The movie industry in a country is controlled by six large studios that receive 90 percent of the annual revenues from movies. This is an example of a(n) ____
|
|
pure competition
|
|
|
monopolistic competition
|
|
|
oligopolistic competition
|
|
|
pure monopoly
|
Explanation:
Detailed explanation-1: -A pure monopoly is a market structure where one company is the single source for a product and there are no close substitutes for the product available. Pure monopolies are relatively rare.
There is 1 question to complete.