What enables a oligopoly to form within a market

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06-07-2022
Business

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What enables a oligopoly to form within a market

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Rahulsharma789888idn Rahulsharma789888idn · Answer 1 · 2022-07-09T03:48:47-04:00

It would be too costly to launch a competing business To establish Oligopoly in the market.

What is a market?

The entire number of buyers and sellers in the area or region under consideration is referred to as the market.

A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact.

The market share of the major companies is calculated using the concentration ratio.

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What is a market?

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