-Company depends on each other
-th eproducts are simillar
Few more players Supernormal profits in the both short & long run
a few large producers
the market for a commodity is dominated by a few firms each of which producing a considerable proportion of the total output of the industry. Oligopoly is of two types: Pure oligopoly...
differentiated product only no entry either homogeneous or differentiated product difficult entry
physical characteristics of a human is your phenotype