Question

what is perfect oligopoly

Answer 1

Oligopoly refers to a market situation in which there are a few firms selling homogeneous or differentiated products.Oligopoly is, sometimes, also known as 'competition among the few' as there are few sellers in the market and every seller influences and is influenced by the behaviour of other firms

Answer 2

A market structure in which a small number of f firms compete called oligopoly.