Economy, asked by afriniqbalshaikh786, 4 months ago

An... Firm does not face a difinite demand curve​

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Answered by sunitagautam19852018
0

Answer:

An oligopolist cannot find a stable and definite demand curve for product due to unpredictable reactions of rival firms'. ... In such a market there are a large number of firms producing or selling differentiated products (close substitutes).

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