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Author Question: Oligopoly differs from monopoly and perfect competition in that: (Read 36 times)

Garrulous

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Oligopoly differs from monopoly and perfect competition in that:
◦ firms consider each others actions when choosing price and quantity.
◦ firms act strategically.
◦ there are a few firms in the industry.
◦ all of the above


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Marked as best answer by Garrulous on Jul 20, 2019

janieazgirl

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Garrulous

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Reply 2 on: Jul 20, 2019
Excellent


coreycathey

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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