ECON 101 Saudi Electronic University No Matching Ratio Discussion
Question Description
Help me study for my Economics class. Im stuck and dont understand.
No matching ratioWhy do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands? What might be a general difference that leads to some industries having many firms while others are dominated by just one or two?
Tags:
microeconomics
No matching ratio
electricity or cable TV
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