brianzendejas23 brianzendejas23
  • 11-05-2021
  • Business
contestada

how do you gain market power in a given market?

Respuesta :

loloulasha
loloulasha loloulasha
  • 13-05-2021

Answer:

Product differentiation. If a company offers differentiated products and services or holds an extensive market share, it can, to some extent, dictate the pricing of its products and meet the inelastic demand from customers. A high degree of pricing power helps a company achieve market power.

Explanation:

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