Economy, asked by Rakesh211, 1 year ago

what is actual meaning of oligopoly

Answers

Answered by smartcow1
40
Oligopoly is a common market form where a number of firms are in competition. As a quantitative description of oligopoly, the four-firm concentration ratio is often utilized.

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Answered by srushti1808
5
oligopoly is a market form wherein a market or industry is dominated by a small number of sellers

Rakesh211: what is monopoly ..
srushti1808: monopoly is the exclusive possession or control or the supply of or trade in a comodity or service
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