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    Oligopoly: Prepared by Asif Z. Warsi

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    Asif Warsi
    An oligopoly is a market structure characterized by a small number of firms that dominate the market. Oligopolies have interdependent firms that recognize how their actions impact competitors. There are two main types of oligopolies - collusive where firms cooperate on prices and outputs, and non-collusive where firms act independently but still consider rivals' behavior.

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    Oligopoly: Prepared by Asif Z. Warsi

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    Asif Warsi
    19 views2 pages
    An oligopoly is a market structure characterized by a small number of firms that dominate the market. Oligopolies have interdependent firms that recognize how their actions impact competitors. There are two main types of oligopolies - collusive where firms cooperate on prices and outputs, and non-collusive where firms act independently but still consider rivals' behavior.

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    An oligopoly is a market structure characterized by a small number of firms that dominate the market. Oligopolies have interdependent firms that recognize how their actions impact competitors. There are two main types of oligopolies - collusive where firms cooperate on prices and outputs, and non-collusive where firms act independently but still consider rivals' behavior.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    19 views2 pages

    Oligopoly: Prepared by Asif Z. Warsi

    Uploaded by

    Asif Warsi
    An oligopoly is a market structure characterized by a small number of firms that dominate the market. Oligopolies have interdependent firms that recognize how their actions impact competitors. There are two main types of oligopolies - collusive where firms cooperate on prices and outputs, and non-collusive where firms act independently but still consider rivals' behavior.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
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    Oligopoly

    Prepared by Asif Z. Warsi


    Outline
    • Definition of Oligopoly
    • Characteristics of Oligopoly
    • Duopoly
    • Pure & Impure Oligopoly.
    • Collusive & Non-collusive Oligopoly.
    • Nash Equilibrium
    • The Price-Leadership Model
    • Predatory Pricing
    • Public Policy toward Oligopolies.

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