Oligopoly

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what is an oligopoly? An oligopoly is a market dominated by a few large producers or sellers that produce branched products
why do oligopolies exist? oligopolies exist due to barriers to entry.
What are some barriers to entry in oligopoly markets? some of the barriers to entry include economies of scale, and government imposed barriers
How do oligopolies form? Oligopolies form due to collusion that reduce competition and lead to higher prices for consumers

what is an oligopoly?

why do oligopolies exist?

What are some barriers to entry in oligopoly markets?

How do oligopolies form?

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