Economy, asked by chintu293, 11 months ago

Difference between perfect oligopoly and imperfect

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Answered by taibak32
1

Answer

In perfect oligopoly a firm produces homogeneous products, whereas in imperfect oligopoly differentiated products are produced. Interdependence between the firms is one of the prime features of oligopoly. Perfect oligopoly is theoretical concept whereas imperfect oligopoly is a practical concept.

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