please draw a firm diagram to illustrate Foxtel’s business in 2021. Make sure to clearly and adequately label your diagram.   Fast forward to the present day (October 2021), Australian consumers now have a wealth of choices of content offered by Foxtel, Netflix, Stan, Amazon Prime, Apple TV, Disney+, Optus Sport, and the

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter24: Monopolistic Competition, Oligopoly, And Game Theory
Section24.3: Price And Output Under Cartel Theory
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Is below market is Oligopoly?  Could you please draw a firm diagram to illustrate Foxtel’s business in 2021. Make sure to clearly and adequately label your diagram.

 

Fast forward to the present day (October 2021), Australian consumers now have a wealth of choices of content offered by Foxtel, Netflix, Stan, Amazon Prime, Apple TV, Disney+, Optus Sport, and the recently launched Paramount+ (launched in August 2021).

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