oligopoly Flashcards
1
Q
number of firms in industry
A
few
2
Q
product
A
either identical or differentiated
3
Q
barriers to entry
A
moderate
4
Q
firms control over price
A
considerable
5
Q
concentratio ratio
A
high
6
Q
HHI
A
more than 2,500
7
Q
examples
A
airplanes
