Which mankel structun is dominated by tao two firms ?
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Oligopoly describes a market dominated by a few large, profitable firms. Collusion is an agreement among members of an oligopoly to set prices and production levels.
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Partial oliogopoly is a market situation where one large firm dominates the market and is locked upon by the price leader. Hence, in oligopoly, when the industry is dominated by one large firm which is considered as leader of the group. This is called partial oligopoly.
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