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simply need the definition and few examples

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simply need the definition and few examples
Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
121 Votes
What is no collusive oligopoly?
Answer:
Oligopoly market is market having following characteristics;
1. Few firms, each having significant market power.
2. Large number of buyers
3. High degree of entry ba
iers – inherent or legal entry ba
iers
4. Interdependency among firms
5....
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