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Explain how price and output decision are taken under conditions of oligopoly.
oligopoly
I think the market structure of the apple is oligopoly because the firm like apple creating the ipod and iphone is some what few not exceed to 10 also. so, the firm apple applies to oligopoly market structure.
AR=MRnormal profits in the long runlarge number of sellersfree entry and excit ,as there are no barriersthe seller is only the price takerperfectly elasticeach firm is a part of the industry
what are the capabilities of digital firm
oligopoly (study islands)
The prisoners' dilemma is to explain an oligopoly market structure. It gives reasons as to why two individuals may not cooperate even if it is to their benefit.
oligopoly
Oligopoly!
Thomas Jefferson
No, it is not.