Question

What is an oligopoly firm?? Wide explain...

Answer 1

Heya.......

See here for your answer....

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What is an oligopoly firm???

It is that form of market in which there are small number of big firms having a great interdependency to each other...

Example,, car producing firms..
BMW, Audi , Toyota ...etc...

Features of oligopoly.....

"" These have not allowance to freedom of entry and exit...

"" These form adopt formation of cartels to avoid competition...

"" These firms demand curve can't be estimated due to high degree of interdependency ...

"" These have applied non price competition...

-- Be Brainly...

Answer 2

❄❄❄ HEYA BUDDY ❄❄❄

✨ YOUR ANSWER

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⏩ It is that form of market in which there are small number of big firms having a great interdependency to each other

# Features of oligopoly

1) These have not allowance to freedom of entry and exit

2)These form adopt formation of cartels to avoid competition

3)These firms demand curve can't be estimated due to high degree of interdependency

4) These have applied non price competition

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☣ hoPe it hEplS ️❤