Oligopolistic Market

Essay specific features

 

Issue:

Business

 

Written by:

Lyle A

 

Date added:

June 6, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 901

 

Was viewed:

7699 times

 

Rating of current essay:

 
Essay content:

They only need to control a significant share of the total production or sales. As in a monopoly, an oligopoly can persist only if there are significant barriers to entry to new competitors. Obviously, the presence of relatively few firms in an industry does not negate the existence of competition. The existing few firms may still act independently even while they collude on prices...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

The existing few firms may still act independently even while they collude on prices. In an oligopolistic market, competition often takes the form of increased spending on marketing and advertising to win brand loyalty rather than on reducing prices or increasing the quality of products. Another important characteristic of an oligopoly is interdependence between firms...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services