Economy, asked by hetvi27, 1 year ago

what is oligopoly market?

Answers

Answered by SaloniSingh1

It is a market structure in which few firms dominate

SaloniSingh1: and there version,Sprint etc are provided to that product

SaloniSingh1: please mark as brain list

hetvi27: kk

hetvi27: ur standard?

SaloniSingh1: 10

hetvi27: dear Saloni but ur ans is too short

SaloniSingh1: dear you have only asked about oligopoly market

hetvi27: but I will dear

SaloniSingh1: thnx dear

hetvi27: :)

Answered by Divyaanika

An oligopoly is a market structure in which a few firms dominate. When a market is shared between a few firms, it is said to be highly concentrated. Although only a few firms dominate, it is possible that many small firms may also operate in the market.

HOPE it helps!!!!!✌️

hetvi27: ur answer is also nice

hetvi27: dear divya

Divyaanika: Thnx..

hetvi27: yeah ✌

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