Question

Which of the following is not the pattern of oligopolistic behaviour-------
price war
price leadership
collusion
price control​

Answer 1

Answer:

price leadership

Explanation:

I hope it helps you

Answer 2

Answer:

Price War

Explanation:

An oligopoly market is a type of a marketplace that is dominated by a few firms. All these firms sell homogeneous or differentiated products. In addition there are only few sellers in the market, therefore, every seller influences the behaviour of the other firms and other firms influence it.

Characteristics of oligopoly:

1. High Barriers To Entry : It limits the competition to only those already in the group.
2. Price Making Power : In an oligopoly, dominant market players are influential enough to decide on the price of products and services. It helps avoid the potential price war and price rigidity.
3. Interdependence Of Firms : Each firm in an oligopoly market structure influences the others.  It means that each firm must be aware of the reaction of others to their actions.
4. Differentiated Products : One of the oligopoly characteristics is the focus of its members on improving the product quality or offering benefits to make their brand unique. That is what turns out to be the unique selling proposition (USP) of the respective brands in the oligopolistic industry.
5. Non-Price Competition : They try different approaches, such as rewarding customers for their loyalty, differentiating their product offerings, providing sales promotion schemes, acting as sponsors, etc. They do it strategically so they do not lose their customers in what could be a price war.

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