Explain about oligopolistic market, Microeconomics

Assignment Help:

How might a firm in an oligopolistic market attempt to increase market share?

Explanation of oligopoly; concentration ratio, producer sovereignty

Explanation that oligopolies are often non-price competitive and resulting price rigidity

Use of kinked demand curve to illustrate price rigidity

Explanation of how/why oligopoly firms are interdependent and therefore have an incentive to avoid head-on competition by

a) Collusion

b) Merging

Since oligopoly firms wish to avoid harmful price competition, great effort often goes into R&D, product enhancement, marketing drives, product differentiation

 


Related Discussions:- Explain about oligopolistic market

Pooling, pooling in insurance

pooling in insurance

Create a multi-dimensional arrays, Create a Document that displays informat...

Create a Document that displays information about cars. First, create a select with an id="make". It will not have any makes in the options until the page finishing loading. When t

Cost considerations for managers, Some Cost Considerations for Managers ...

Some Cost Considerations for Managers * Three guidelines for estimating the marginal cost(MC): 1) Average variable cost should not be used as substitute for the marginal cost(

Monopoly, causes for emergency of monopoly

causes for emergency of monopoly

Marxism, Hi, Can you help with writing ten pages, each page deferent topics...

Hi, Can you help with writing ten pages, each page deferent topics about Karl Marx economic views. It will be in english as a second language. Nothing fancy. Just simple straight

Poverty, Poverty: A state of having inadequate income or other resources to...

Poverty: A state of having inadequate income or other resources to support a household (or group of households) at a basic standard of living. Poverty can be measured in absoluterr

Devil''s advocate, Devil's Advocate Explicit role undertaken by a grou...

Devil's Advocate Explicit role undertaken by a group member who actively questions and challenges the group's ideas, procedure, and decisions. Such active questioning helps de

Law of demand, "price is becoming cheaper,yet the demand for car is not ris...

"price is becoming cheaper,yet the demand for car is not rising".does it mean law of demand is not operative?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd