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Business, 14.07.2019 07:30 queenb1416

In a major metropolitan area, one chain of coffee shops has gained a large market share because customers feel its coffee tastes better than its competitors'. many differentiated monopolistic competition there are dozens of pasta producers that sell pasta to hundreds of italian restaurants nationwide. the restaurant owners buy from the cheapest pasta producer they can. while pasta manufacturers must pay licensing fees to their local government and undergo regular food-safety inspections, anyone who passed inspections can acquire and maintain their license. only three airlines fly from san francisco to medford, oregon. no new airline will enter this market, because there are not enough customers to share among four or more airlines without each one experiencing substantially higher average costs. consumers view all airlines as providing basically the same service and will shop around for the lowest price. a publishing company owns the u. s. copyright to a popular series of books. it is the only company with the legal right to publish these books in the united states.

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