Question

State the two characteristics of oligopoly.

Answer 1

Answer:

I've got the money to buy it from me to go out of town are the same time and you are so beautiful I u too I just wanted to let u get the money to buy it from me to go in a relationship is perfect and I'm so happy I have been

Answer 2

Barriers to entry and interdependence are the two characteristics of oligopoly.

What are the characteristics of oligopoly?

Barriers to entry: It has lots of barriers that regulate its position so it is difficult for the new firm to enter the market

Interdependence: It minimizes the strength of the competitive company due to interdependence

Higher prices than the perfect competition: In an oligopoly, all the markets are combined to earn a high income