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Pricing And output Pricing And output Decisions Under Decisions Under Oligopoly Oligopoly

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Pricing And output Pricing And output Decisions Under OligopolyDecisions Under Oligopoly

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Sources Of oligopolySources Of oligopoly1.1. Huge Capital InvestmentHuge Capital Investment2.2. Economies of SaleEconomies of Sale3.3. Patent RightsPatent Rights4.4. Control Over Certain Raw MaterialsControl Over Certain Raw Materials5.5. Merger and TakeoverMerger and Takeover

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Features Of OligopolyFeatures Of Oligopoly1.1. Small Number Of sellersSmall Number Of sellers2.2. Interdependence of Decision Interdependence of Decision

MakingMaking3.3. Barriers To EntryBarriers To Entry4.4. Indeterminate Price and OutputIndeterminate Price and Output

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