as a tight oligopoly. A loose oligopoly occurs when the four-firm concentration is in the range of 40-60. Some characteristics of oligopolies include: Profit...
55 KB (6,513 words) - 06:21, 3 November 2024
Imperfect competition (section Oligopoly)
the paradox of excess capacity and price exceeding marginal cost. In an oligopoly market structure, the market is supplied by a small number of firms (more...
20 KB (2,478 words) - 14:01, 17 October 2024
Market power (section Oligopoly power)
"Oligopoly - characteristics | Economics Online | Economics Online". 2020-01-20. Retrieved 2021-04-18. Carr, Christopher (2020). Global Oligopoly : a...
35 KB (4,523 words) - 08:35, 25 April 2024
Microeconomics (section Oligopoly)
producers. An oligopoly is a market structure in which a market or industry is dominated by a small number of firms (oligopolists). Oligopolies can create...
49 KB (5,884 words) - 03:47, 27 August 2024
form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all...
95 KB (12,803 words) - 18:42, 22 October 2024
published "Demand Under Conditions of Oligopoly." Sweezy argued that an ordinary demand curve does not apply to oligopoly markets and promotes a kinked demand...
8 KB (1,146 words) - 10:29, 14 March 2023
can be homogeneous or differentiated). Three types of oligopoly. Due to the hallmark of oligopoly being the presence of strategic interactions among rival...
21 KB (2,671 words) - 09:26, 27 April 2024
Price point (section Oligopoly pricing)
from raising prices unilaterally); on the other hand, any firm in an oligopoly which lowers its prices will most likely be matched by competitors, resulting...
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concentration 40% – 70% An industry in this range is likely an oligopoly. An oligopoly describes a market structure which is dominated by a small number...
5 KB (544 words) - 10:23, 6 November 2024
Competition (economics) (section Oligopoly)
2020-11-29. Staff, Investopedia. "Oligopoly". Investopedia. Retrieved 2020-10-28. Krylovskiy, Nikolay (20 January 2020). "Oligopoly". Economics Online. Retrieved...
68 KB (8,396 words) - 21:00, 16 October 2024