A type of competition within an ind

A type of competition within an industry where:

1. All firms produce similar yet not perfectly substitutable products.

2. All firms are able to enter the industry if the profits are attractive.

3. All firms are profit maximizers.

4. All firms have some market power, which means none are price takers.

ผลลัพธ์ (อังกฤษ) 2:

A Type of Competition Within an Industry where: 1. Produce firms all similar yet not perfectly substitutable Products. 2. All firms are Able to Enter the Industry if the Profits are attractive. 3. Firms are profit maximizers all. 4. All firms have some market power, which means none are price takers.