Economy, asked by Skeshri7613, 1 year ago

Why is the number of firms small in an oligopoly market?

Answers

Answered by rida02022001
2
because the numbers of high degree investors are limited in this market. eg. Maruti,tata,etc. are the brand name which need larger amount of money to create this bussiness.that is the reason why firms are limited in oligopoly market. hopefully this point will help u my dear mate.

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