The pricing that we are looking at is the lack of, Ask an Expert

Economics

A good ex of an oligopoly market structure is the airline industry. There are not many airlines in the industry, which will influence the particular market price. The pricing that we are looking at is the lack of competition. How do you think the lack of competition will affect the market price?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M945670

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