We have the saying in economics that “All industry gravitates towards Oligopoly”. Why do you suppose that is so? Do oligopolists have the potential to act like monopolists? Explain why or why not.
We have the saying in economics that “All industry gravitates towards Oligopoly”. Why do you suppose that is so? Do oligopolists have the potential to act like monopolists? Explain why or why not.
https://myatiteasonline.com/wp-content/uploads/2024/08/My-ATI-500x423-4.png00adminhttps://myatiteasonline.com/wp-content/uploads/2024/08/My-ATI-500x423-4.pngadmin2022-09-06 03:49:302022-09-06 03:49:30We have the saying in economics that “All industry gravitates towards Oligopoly”. Why do you suppose that is so? Do oligopolists have the potential to act like monopolists? Explain why or why not.
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