oligopoly
Oligopoly!
Oligopoly
Oligopolistic
Collusive oligopoly is an industry that only contains few producers (oligopoly), in which producers agree among one another as to pricing of output and allocation of output markets among themselves. Cartel, such as OPEC, are collusive oligopolies.
oligopoly
Oligopoly!
Malaysia does not have avalanches, but they have landslides.
Oligopolistic
Oligopoly
Tenaga Nasional Berhad is an example of monopoly. It is the largest Electric utility company in Malaysia and also the largest power company in Southeast Asia. Only one supplier.. Oligopoly is a few firms that sell the similiar product. For example, communication services have celcom, maxis, and digi. they give a similiar service to us and they are compete among of them in prices, services, promotions, etc..
Collusive oligopoly is an industry that only contains few producers (oligopoly), in which producers agree among one another as to pricing of output and allocation of output markets among themselves. Cartel, such as OPEC, are collusive oligopolies.
in oligopoly what is the nature of price elasticity
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.
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.
Marsala is very easy to get in Malaysia at any Indian cafe/cornershop. There are many such cafes throughout Malaysia.
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.