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Q: What are the oligopoly problems with customers?
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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.


Anticipating problems or heading them off and alerting customers is being what?

Anticipating problems or heading them off and alerting customers is being proactive.


Anticipating problems heading them off and alerting customers is being?

Anticipating problems or heading them off and alerting customers is being proactive.


Difference between collusive and non-collusive oligopoly?

If in an oligopoly market, the firms compete with each other, it is called a non-collusive, or non-cooperative oligopoly. If the firm cooperate with each other in determining price or output or both, it is called collusive oligopoly, or cooperative oligopoly. Collusive oligopoly exists when the firms in an Oligopolistic market charge the same prices for their products, in affect acting as a monopoly but dividing any profits that they make. Non collusive oligopoly exists when the firms in an oligopoly do not collude and so have to be very aware of the reactions of other firms when making price decisions.


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.


Can you use oligopoly in a sentence?

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