Explain why monopolistically competitive firms frequently, Ask an Expert

Economics

Q. Why do oligopolies exist? List five or six oligopoists whose products are owned or regularly purchased. Illustrate what distinguishes an oligopoly from monopolistic competition? Explain why monopolistically competitive firms frequently prefer non-price competition to price competition. Do you agree? Why?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9306775

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