Oligopoly

Описание к видео Oligopoly

Key characteristics of oligopoly markets and how firms conduct in these markets can vary, including cartels, formal and tacit collusion, price leadership and price wars. The interdependence between firms is shown by the kinked demand curve and there are advantages and disadvantages of oligopoly markets for consumers.
#aleveleconomics #ibeconomics #aqaeconomics #ocreconomics #edexceleconomics #economicsrevision #oligopoly #collusion #kinkeddemand

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