Economy, asked by navnathdudhate4218, 2 months ago

Explain any FIVE (5) characteristics of an oligopoly.

Answers

Answered by shubhamchhetri142
1

Answer:

A Few Firms with Large Market Share.

High Barriers to Entry.

Interdependence.

Each Firm Has Little Market Power In Its Own Right.

Higher Prices than Perfect Competition.

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