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How do you gain market power in a given market?

User GafferG
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1 Answer

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Answer:

Product differentiation. If a company offers differentiated products and services or holds an extensive market share, it can, to some extent, dictate the pricing of its products and meet the inelastic demand from customers. A high degree of pricing power helps a company achieve market power.

Step-by-step explanation:

hope it help

User Lemonsqueeze
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