Explain why, in an oligopolistic industry that faces inelastic demand and in which there is no acknowledged
Question:
Explain why, in an oligopolistic industry that faces inelastic demand and in which there is no acknowledged price leader, it is inadvisable for a firm to pursue a price-cutting strategy aimed at increasing market share.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
In an oligopolistic industry with inelastic demand and no acknowledged price leader there are several reasons why its not advisable for a firm to purs...View the full answer
Answered By
Bhawna Mukhija
I am bhawna mukhija , currently enrolled in PhD in university of Ariel , israel.my topic of research is stellar evolution. I have done my masters from National Institute of technology , trichy india. With the CGPA 8.5.
I have done 2 projects from the recognised Institutes of india Physics laboratory ahmedabad and other one is from my institute.
In my masters I completed 4 internship from university of Michigan , university of Cambridge , Raman research institute and indian institute of astrophysics.
I am having deep knowledge in my major subjects of master
I feel very grateful if I am able to share my knowledge to the students by this plateform.
According to having a good concept about any problem and thinking it a way where we can related its physical phenomenon along with the mathematical part.
I can ensure that my experience and work expertise will help the students in their study journey.
0 Reviews
10+ Question Solved
Related Book For 
Business To Business Marketing
ISBN: 9781526494399,9781529726176
5th Edition
Authors: Ross Brennan , Louise Canning , Raymond McDowell
Question Posted:
