Difference between revisions of "Oligopoly"

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(Created page with "Oligopoly is when a few firms have all or nearly all of the sales in an industry. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition),...")
 
 
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
:[[Oligopoly]]. When a few firms have all or nearly all of the sales in an industry.
 
:[[Oligopoly]]. When a few firms have all or nearly all of the sales in an industry.
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According to the [[Corporate Strategy by Lynch (4th edition)]],
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:[[Oligopoly]]. A market dominated by a small number of firms.
  
  
[[Category: Economics]][[Category: Articles]]
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[[Category: Economics]][[Category: Articles]][[Category: Strategic Management]]

Latest revision as of 11:22, 11 July 2020

Oligopoly is when a few firms have all or nearly all of the sales in an industry.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Oligopoly. When a few firms have all or nearly all of the sales in an industry.

According to the Corporate Strategy by Lynch (4th edition),

Oligopoly. A market dominated by a small number of firms.