Oligopolists

Essay specific features

 

Issue:

Business

 

Written by:

Pablo R

 

Date added:

April 12, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 350

 

Was viewed:

8372 times

 

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Essay content:

The barriers of entry to an oligopolistc market include the financial resources needed to enter and such regulations from the government or patents. In this market, there is a high degree of differentiated products, and so with all of the above factors combined in this market, the competition is of sales, not of price...
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There is also a factor of concern from the firms in an oligopolistic market - where the actions of one firm will subsequently effect the other firms in the industry. This results in each oligopolist watching its competitors closely, and is a method of competition between the firms, other than by price wars...
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