A few days ago
bubblycious

What are the advantages and disadvantages of an oligopolistic market structure?

What sites would be useful for me regarding this topic? Thanks.

Top 0 Answers
A few days ago
Fred S – AM Cappo Di Tutti Capi

Favorite Answer

Oligopolies are characterized by a small number of suppliers(but greater than one). Those suppliers would tend to be very large, and can keep out new competitors, along with their new ideas, new products and competitive pricing.

The advantage is that it allows for greater efficiency through standardization, economies of scale (for production and new product development), and avoidance of a monopoly.

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4 years ago
?
Advantages Of Oligopoly
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6 years ago
Dan
RE:
What are the advantages and disadvantages of an oligopolistic market structure?
What sites would be useful for me regarding this topic? Thanks.
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A few days ago
Immune to Bieber Fever
well the advantage for the companies is that they can easily

make price deals with each other so that you as a consumer pay a high price for their services!

for sites regarding that topic just google the word oligopolistic

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