Question details

MODELS OF OLIGOPOLISTIC BEHAVIOUR
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Question 1: A discussion of the various theoretical models of oligopolistic behaviour focusing on firm behaviour and pricing strategy.

Question 2: A description of the two sectors, e.g. main companies, where they sit on the production - consumer spectrum, market leaders, pricing strategies, etc

INSTRUCTIONS:

  1. APA formatting
  2. 2500 words.
  3. Double spaced.
  4. Font  12pt New Times Romans.
Category: History, General
Available solutions
  • MODELS OF OLIGOPOLISTIC BEHAVIOUR
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    MODELS OF OLIGOPOLISTIC BEHAVIOUR Name: Professor’s name: Class unit: Date: Question 1: A discussion of the various theoretical models of oligopolistic behaviour focusing on firm behaviour and pricing strategy An oligopoly is a market structure that is dominated by a few large firms. Even though we have other smaller firms in existence in such a market structure, only these few firms have an impact on the operations of the market. For instance, when it comes to pricing, the smaller firms are unable to influence price in the market. They are at liberty to charge a given price, and by so doing, are unlikely to shift the dynamics of the market (Okug

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