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State four features of oligopoly market structure
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Jul 16, 2021
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Business Studies Form 3
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anonymous
State four features of oligopoly market structure
market structures
product markets
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Jul 16, 2021
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anonymous
There are a few large firms controlling a large share of the market.
There is interdependence in pricing and output
Some firms have their products differentiated.
Products are close substitutes.
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Dec 7, 2022
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0731310XXX
There are many buyers and sellers
Free entry and exit to the market
Sell products that are homogeneous
There is non price competition
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