Question

features of oligopoly
​

Answer 1

Explanation:

The main features of oligopoly are elaborated as follows:

1. Few firms: ADVERTISEMENTS: ...
2. Interdependence: Firms under oligopoly are interdependent. ...
3. Non-Price Competition: ...
4. Barriers to Entry of Firms: ...
5. Role of Selling Costs: ...
6. Group Behaviour: ...
7. Nature of the Product: ...
8. Indeterminate Demand Curve:

Answer 2

The main features of oligopoly are elaborated as follows:

Few firms: ADVERTISEMENTS: ...

Interdependence: Firms under oligopoly are interdependent. ...

Non-Price Competition: ...

Barriers to Entry of Firms: ...

Role of Selling Costs: ...

Group Behaviour: ...

Nature of the Product: ...

Indeterminate Demand Curve:

helps u....