1. Oligopoly Chapter 16-2 2. Models of Oligopoly Behavior • No single general model ofNo single general model of oligopoly behavior exists.oligopoly behavior exists. 3.…
UNIT 6 cont⦠PRICING UNDER DIFFERENT MARKET STRUCTURES Oligopoly Oligopoly An oligopoly is a market structure characterized by: Few firms Interdependence Either standardized…
Slide 1Oligopoly Chapter 16-2 Slide 2 Models of Oligopoly Behavior No single general model of oligopoly behavior exists.No single general model of oligopoly behavior exists.…