Title: Oligopolists

Essay Details

Subject: Business
Author: Lyle A
Date: October 28, 2014
Level: University
Grade: A
Length: 2 / 350
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

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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