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Collusion and cartels are likely to arise under what market structures?

Oligopoly


Why collusive agreement in oligopoly always fragile?

because of trust...


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.


Was oligopoly a result of the new market in the late 1800s?

Yes, oligopoly was a result of the new market in the 1800s. The new market allowed just a few companies to take control of a single product such as steel or oil.


Is sainsbury's monopoly or oligopoly?

Oligopoly!


Is asda a monopoly or oligopoly?

oligopoly


How many cartels are estimated in Mexico?

7 mayor cartels


What are the characteristics of oligopoly phenomenon?

Oligopoly is characterized by a market structure in which a small number of firms dominate the industry, leading to interdependent pricing and output decisions. Firms in an oligopoly often produce similar or differentiated products, which can result in collaborative behavior, such as price-fixing or forming cartels. High barriers to entry prevent new competitors from easily entering the market, maintaining the dominant firms' market power. Additionally, oligopolistic markets can exhibit price rigidity, where prices remain stable despite changes in demand.


Is airline industry a oligopoly or monopolistic?

Oligopolistic


Is comcast a monopoly or oligopoly market structure?

Oligopoly


What is the price elasticity in a oligopoly?

in oligopoly what is the nature of price elasticity


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.