why to price remain stickly under oligopoly?
93 Views|1 Followers|Posted 2010-11-02 05:39:58
Asked by Sandeep Chauhan
1 Answer

Answered by
2010-11-04 14:19:09
Hi Sandeep,
An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopolies are made up of a small number of mutually interdependent firms. Each firm must take into account the expected reaction of other firms which affects the price rise or de
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