Introduction to Economics 1 Deneme Sınavı Sorusu #1132370

Which of the followings is a market structure with few firms?


Oligopoly

Monopoly

Monopolistic competition

Cartel

Nash Equilibrium


Yanıt Açıklaması:

Oligopoly is a market structure with few firms. Each firm in the market produces a large share of the total market quantity and hence can influence the market price.

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