What are the main features of an oligopolistic market, Microeconomics

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What are the main features of an oligopolistic market

Problem

1) What are the main features of an oligopolistic market?

2) How do oligopolies set their prices?

3) Explain how you can distinguish a firm in an oligopolistic market from one in a monopolistic competitive market. Provide examples to illustrate.

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Microeconomics: What are the main features of an oligopolistic market

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Microeconomics: What are the main features of an oligopolistic market

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