13 years ago 13 years ago

What are the features of Oligopoly?

by BMS Team 13 years ago13 years ago

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Few Sellers and Big Number of Buyers
Homogenous and Differentiate Product.
Mutual Interdependence
Lack of Uniformity
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Element of Monopoly
Existence of Price Rigidity
Keen Competition
Some Barriers to entry
No Profit Motive

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