Generally, collusion occurs when participating firms can increase their short-run economic profits by controlling supply, acting like a monopoly.
oligopoly
Oligopoly!
Oligopoly
Oligopolistic
in oligopoly what is the nature of price elasticity
oligopoly
Oligopoly!
Oligopolistic
Oligopoly
in oligopoly what is the nature of price elasticity
Oligopoly is a market from where large numbers of buyers contact few sellers for the purpose of buying and selling things. The different types are a pure oligopoly, a differentiated oligopoly, a collusive oligopoly, and a non-collusive oligopoly.
An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.
Oligopoly
Oligopoly is a market with small number of buyers and sellers.
a pure oligopoly is when few producers dominate the production of on item
I will probably say its more of oligopoly.
Market structure of the media industry: Oligopoly