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Consumers desire tech products that synchronize, creating network effects.

Economies of Scale in the Tech Industry: How Big Tech Firms Achieve Dominance through Network Expansion

Despite the popular story of the gifted programmer who creates a new game or program, most of the tech industry is dominated by large oligopolies. Why do these few giants stay dominant?...
5 min read
Indirect taxes
Competitive markets

Indirect taxes

Published on January 29, 2020

Financial products
Competitive markets

Financial products

Published on January 29, 2020

The stock market
Competitive markets

The stock market

Published on January 29, 2020

Minimum price for alcohol
Competitive markets

Minimum price for alcohol

Published on January 29, 2020

Indifference curves - income and demand
Competitive markets

Indifference curves - income and demand

Published on January 29, 2020

Indifference curves - prices and demand
Competitive markets

Indifference curves - prices and demand

Published on January 29, 2020

Index numbers
Competitive markets

Index numbers

Published on January 29, 2020

House prices
Competitive markets

House prices

Published on January 29, 2020

Subsidy
Definitions Behavioural economics Business economics Competitive markets Factors of production Information Failure

Subsidy

Published on January 29, 2020

Profit Maximisation
Definitions Business economics Competitive markets

Profit Maximisation

Published on January 29, 2020

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British Airways plane taking off.

Price Discrimination in the Airline Industry: A Study of Dynamic Pricing Strategies

Airlines now regularly use dynamic pricing - changing the price of each seat based on factors like desired comfort and service, the time and date of a flight, and how full a flight is at the time of booking....
4 min read

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