Do you think Tesla operates in an imperfect market? What is their advantage? Why do they...
Do you think Tesla operates in an imperfect market? What is their advantage? Why do they charge so much? Do they have market power?
Homework Answers
Yes, Tesla operates in an imperfect market condition because they have an advantage due to their research and technology in the market. they charge a high price in the market because they have huge market power , they have certain technology in the market that is available only to them, like driver less car, extensive charging capability around the US etc.
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Do you think Tesla operates in an imperfect market? What
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