Is it a monopoly, duopoly or an oligopoly?
I'm guessing an oligopoly, but I'm not sure if this is right.
Please help as it is important.
Any help is greatly appreciated. Thanks!
=)
PS I have put this question in the Business and Finance section as well, just in case.
2007-01-24 02:58:24 · 5 answers · asked by Anonymous in Education & Reference ➔ Homework Help
Thanks very much agius; that is a lot of help and my teacher failed to mentioned that (as far as I can remember) when I told him I wanted to do GAME. For some reason, I didn't think to ask him :S
Mike and Fretting, if you'd actually bothered to read my question properly, you'd see that I needed to know what type of company it was in economic terms.
Just a bit of friendly advice - Try not to be so ignorant in future and you'll go far =)
2007-01-24 03:10:04 · update #1
Would people please read all of my question before answering it? As far as I know, Agius is the only person to answer my question properly.
I will understand if people read the additional details, but didn't know what I meant, so they just wrote their own answer, but they haven't said so.
Therefore, I have had to assume that they just read the first part of the question and then answered it, without bothering to read all of it.
2007-01-26 03:20:39 · update #2
GAME is a retail outlet that sells game consoles and games, and software!!
2007-01-24 03:01:56 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Its none of those, firstly businesses are not generally allowed to be monopolies, especially for a retailer and a duopoly is just a form of oligopoly where only a few sellers occupy a market of which there are hundreds selling computer games and accessories. The market it is in is called a perfect competition as there are many sellers selling a homogenous (common) product
2007-01-24 03:02:44 · answer #2 · answered by agius1520 6 · 0⤊ 1⤋
game is a retail shop that sells pc, ps2, psp, ps3, xbox, xbox 360, nintendo games, returned games, game booklets/magazines, utilities for the mentioned consoles
2007-01-25 10:02:10 · answer #3 · answered by greg12332003 3 · 0⤊ 0⤋
Game is a shop selling computer games also games for Xbox psp .nintendo and ds .Thus the name Game.
2007-01-24 03:11:20 · answer #4 · answered by sukito 6 · 1⤊ 0⤋
put it this way,
if you go into a shop in town that is called game, you'd be buying either, play st, games, pc games, x box games
2007-01-24 03:04:19 · answer #5 · answered by Anonymous · 1⤊ 0⤋