How profitable do you think the musicians are

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consider the local music scene in your area. Name some of the local live bands that play in clubs and music halls, both on and off campus. Look in your local newspaper for advertisements of upcoming shows or performances. How would you characterize the market for local musicians ? Is there product differentitation ? In what degree are they able to exercise market power ? Are there barriers to entry ? How profitable do you think the musicians are ?

Reference no: EM131067224

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