nanette3802 nanette3802

26-08-2020
Business

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An example of a firm with market power is a delicatessen in New York. cable TV provider in Tulsa. clothing store in Chicago. family farm in Kansas.

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topeadeniran2 topeadeniran2

28-08-2020

Answer: cable TV provider in Tusla

Explanation:

Market power simply refers to instances whereby organizations, companies or group of companies raise the prices in the market above the equilibrium level. This is done by companies that have huge capital base and hence send out other competitors.

An example of a firm with market power is cable TV provider in Tusla.

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