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What are examples of oligopolistic competition?

Anonymous

∙ 12y ago

Updated: 10/16/2024

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Q: What are examples of oligopolistic competition?

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What is oligopolistic theory?

An oligopolistic competition is a type of competition between multiple large firms. In this situation, they make up a big part of a market share.

What are the examples of competition?

Golf competition or also sports competition and more........ (summarizaed answer)

Application of microeconomics?

micro economics is applied in determining the output and prices, demand and supply of goods, working of different markets like perfect competition, monopoly, oligopolistic etc.

How does Monopolistic Competition differ from Oligopolistic Competition?

"Monopolistic Competition" is, unless I'm missing something, an oxymoron. "Monopoly" implies "no competitors," so who, precisely, is the monopoly supposed to be competing with? In an oligopoly, there are a few competitors, so there actually could be some competition; however, the term is generally used in a trust situation where the "competitors" more or less agree not to actually compete.

What are the examples of pure competition?

The textile industry is probably the closest example to pure competition on Earth.

Examples of imperfect competition?

Boots tries to distinguish itself from others and thinks ahaed of competition.

What are examples of science culture?

Some examples of science culture: Competition Skeptical Cooperation

Two examples of competition?

ice skating and pagents

In competing with rivals oligopolistic firms will tend to use?

no

Is airline industry a oligopoly or monopolistic?

Oligopolistic

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