English, asked by yukuchouhan72, 7 months ago

identify the market structure of Automobile Industry

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Answered by tiwarishashwat125

Answer:

Impure oligopoly – have a differentiated product. Impure because have both lack of competition and product differentiation as sources of market power. An example of an impure oligopoly is the automobile industry, which has only a few producers who produce a differentiated product.

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