savannahs837 savannahs837

20-12-2022
Business

Answered

there are hundreds if not thousands of wineries. each winery tries to emphasize how their product is superior to others, though they are all close substitutes. barriers to entry are low in this industry, and profits for new entrants are small. which industrial model best fits the wine market?pure monopoly more than one of these is correct monopolistic competition oligopoly perfect competition

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