CASE STUDIES



CASE STUDIES

Case 7.4

Oligopoly or Monopolistic Competition

Yes the oligopolistic bakers and the small bakers cater for the same market. Both the oligopolistic and small bakers serve the same market and are attempting to supply at their best where giant bakers are endeavoring more towards producing specialized products to give competition to small local bakers. This is the reason that also tightens the entry barriers for small bakers and making their survival harder.

To a certain extent a number of consumers will be uninterested as to where they obtain their bread and they will merely buy from any shop that is ...