Research and Analysis of a Monopoly/Oligopoly Market
Essay specific features


Written by:
Lamar W
Date added:
June 25, 2016
Level:
University
Grade:
A
No of pages / words:
3 / 763
Was viewed:
5333 times
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Essay content:
Where the seller's geographic market is less certain, attention is paid not only to
actual sales patterns but also to price relationships and movements in different areas. In
sum, the relevant geographic market in competition analysis is that "section of the
country" where a firm can increase its price without attracting new sellers or without
losing many customers to alternative suppliers outside that area...
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Market shares most often are calculated by setting the
concerned industries' historical output (measured in production units or sales) as the
numerator and then dividing that by the larger denominator constituting total production
or sales in the defined area.
(b) Concentration measures
To quantify oligopolitical concentration effects, the Herfinadahl-Hirschman Index
(HHI) for leading firms market share measures of concentration...
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