Oligopoly (Final)
OLIGOPOLY. WHAT IS OLIGOPOLY? Another market type that stands between perfect competition and monopoly. Oligopoly is a market type in which (characteristics):
OLIGOPOLY
Perfect Competition A perfectly competitive industry is one that obeys the following assumptions: there are a large number of firms, each producing the.
1 Chapter 10 THE PARTIAL EQUILIBRIUM COMPETITIVE MODEL: -Market demand -Market supply Copyright ©2005 by South-Western, a division of Thomson Learning.