Oligopoly
because of trust...
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.
oligopoly
Oligopoly!
Oligopoly
because of trust...
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.
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.
oligopoly
Oligopoly!
7 mayor cartels
Oligopoly
Oligopolistic
Yes, cartels are illegal in the US. They are considered anti-competitive and can violate antitrust laws by fixing prices, controlling markets, and limiting competition. The Department of Justice actively investigates and prosecutes cartel activity to protect consumers and maintain fair competition in the marketplace.
in oligopoly what is the nature of price elasticity
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.