A few days ago
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
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
RE:
What are the advantages and disadvantages of an oligopolistic market structure?
What sites would be useful for me regarding this topic? Thanks.
What are the advantages and disadvantages of an oligopolistic market structure?
What sites would be useful for me regarding this topic? Thanks.
0
A few days ago
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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