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Social Sci LibreTexts

13: Oligopoly

  • Boundless
  • Boundless

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  • 13.1: Prerequisites of Oligopoly
    An oligopoly – a market dominated by a few sellers – is often able to maintain market power through increasing returns to scale.
  • 13.2: Oligopoly in Practice
    Firms in an oligopoly can increase their profits through collusion, but collusive arrangements are inherently unstable.


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