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Author Question: Oligopolies are difficult to analyze because (Read 24 times)

Anajune7

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Oligopolies are difficult to analyze because


how firms respond to a price change by a rival is uncertain.


the firms are so large.


oligopolies are a recent development so economists have not had time to develop models.


demand and cost curves do not exist for these types of industries.



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Marked as best answer by Anajune7 on Oct 8, 2019

frankwu0507

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Anajune7

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Excellent



frankwu0507

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Great! Please up vote :D



 

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