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In what industry structure is the mutual interdependence of the firms a key characteristic?

oligopoly


What are some characteristics of market structures?

oligopoly and monopoloistic


Is sainsbury's monopoly or oligopoly?

Oligopoly!


Is asda a monopoly or oligopoly?

oligopoly


Is airline industry a oligopoly or monopolistic?

Oligopolistic


Is comcast a monopoly or oligopoly market structure?

Oligopoly


Are there many or few firms in an oligopoly?

In an oligopoly, there are typically a few firms that dominate the market, leading to a limited number of competitors. These firms have significant market power and can influence prices and output levels, often resulting in interdependent decision-making. While the exact number of firms can vary, the key characteristic of an oligopoly is that it consists of a small group of companies that collectively hold a large market share.


What is the price elasticity in a oligopoly?

in oligopoly what is the nature of price elasticity


What are the types of oligopoly?

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.


What is meant by market structure?

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.


What is Pure Oligopoly?

a pure oligopoly is when few producers dominate the production of on item


Can you use oligopoly in a sentence?

Oligopoly is a market with small number of buyers and sellers.