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What is an oligopoly?
An oligopoly is an economic condition in which there are so few independent suppliers of a particular product that competitive pricing does not take place.
Oligopoly is a form of market where there...
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Is mobil oil the same as exxon mobil?
No
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Wha is oligopoly?
An oligopoly is a market form in which a market or industry is dominated by a small number of sellers. Barriers to entry are high.
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What are the feature of oligopoly?
Features of Oligopoly.The important features of oligopoly are given as follow :1. Few Sellers2. Homogeneous or differentiated products3. Entry is possible but difficult4. Interdependence5....
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Characteristics of an oligopoly?
Few more players Supernormal profits in the both short & long run