Economy, asked by saiswastiparija5905, 1 year ago

Collusive oligopoly and non collusive oligopoly

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Answered by rjchauhan123

5

Answer:collusive oligopoly is a type of cartel , where all the firms joins hand and comes into a formal agreement which ends interdependence between firms , whereas non collusive oligopoly offers high degree of interdependence, where firms are mutually dependent on their rival firms for taking the price and output related decisions.

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