![Which reasons classify the market structure of petrol industry in Uganda? Which reasons classify the market structure of petrol industry in Uganda?](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Which reasons classify the market structure of petrol industry in Uganda?
The market structure of Petrol industry in Uganda is oligopoly because
- There are few unequal competing firms in the market
- There is high degree of competitive/persuasive advertising
- The products are highly differentiated e.g. Totalenergies, Shell.
- There is interdependence of firms
CATEGORIES Economics
TAGS Dr. Bbosa Science