0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the types of oligopoly?
Oligopoly is a market from where large numbers of buyers contact few sellers for the purpose of buying and selling things. The different types are a pure oligopoly, a differentiated oligopoly, a collusive oligopoly, and a non-collusive oligopoly.
What is the price elasticity in a oligopoly?
in oligopoly what is the nature of price elasticity
Price and output determination under oligopoly?
Explain how price and output decision are taken under conditions of oligopoly.
Price wars are prima facie evidence of what economic market?
Oligopoly
What are characteristics of oligopoly?
An oligopoly is characterized by a market with a few firms having a negligible effect on price.
What are the types of oligopoly?
Oligopoly is a market from where large numbers of buyers contact few sellers for the purpose of buying and selling things. The different types are a pure oligopoly, a differentiated oligopoly, a collusive oligopoly, and a non-collusive oligopoly.
What is the price elasticity in a oligopoly?
in oligopoly what is the nature of price elasticity
Price and output determination under oligopoly?
Explain how price and output decision are taken under conditions of oligopoly.
Price wars are prima facie evidence of what economic market?
Oligopoly
What are characteristics of oligopoly?
An oligopoly is characterized by a market with a few firms having a negligible effect on price.
Difference between collusive and non-collusive oligopoly?
If in an oligopoly market, the firms compete with each other, it is called a non-collusive, or non-cooperative oligopoly. If the firm cooperate with each other in determining price or output or both, it is called collusive oligopoly, or cooperative oligopoly. Collusive oligopoly exists when the firms in an Oligopolistic market charge the same prices for their products, in affect acting as a monopoly but dividing any profits that they make. Non collusive oligopoly exists when the firms in an oligopoly do not collude and so have to be very aware of the reactions of other firms when making price decisions.
What does price-leadership model do?
md salim uddin natore bangladesh 01721 513831
Non-price competition tends to be a consequence of which market structure?
Oligopoly
What is the meaning of the word oligopoly?
An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.
What are the conditions necessary for price leadership?
what are the conditions necessary for price leadership
What are the conditions necessary for effective price leadership?
what are the conditions necessary for price leadership
What are the factors of price leadership?
1. All firms have different cost condition. 2. There can be more than one leading firm ( oligopoly) & thus come to an agreement to avoid price war 3. Largest firm with lowest cost generally becomes price leader. 4. The lead firm has resource advantage and capable of taking risk both at lower price and higher price through promotional activities. 5. Price leadership may also arise because of asymmetric information and it also breaks because of that and lead firm may lose market share. - by sipra7@yahoo.com
