Asked by Megan

What do you think are the pluses (advantages) and minuses (disadvantages) when firms have market power? Be sure to explain your answer from a consumer and a firm’s point of view.

why did ESPRIT closed all stores in the U.S. Include a few of these word
Diseconomies of scale
Economies of scale
Market power
Monopoly
Natural monopoly
Oligopoly
Price discrimination
Price searcher
Product
differentiation
Answered by Allison
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