Describe an oligopoly, Identify an example of an

Describe an oligopoly

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Reference no: EM133436105

Assignment:

Identify an example of an organisation that provides a product or service within a market that could best be described as an 'Oligopoly' (according to the definition provided in the course notes). What are the predictions of the profitability of that product or service over the short and long-run according to the economic theory covered in the course notes? Does the actual profitability of this organisation reflect the theory? Why or why not?

Reference no: EM133436105

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