Hot Student Stories
top-5-grammar-and-spelling-checkers-to-rock-in-2019

When an oligopoly exists, how many producers dominate the market?

Mindee Nelson

in Business

follow
followin
1 answer
4 views

1 answer


Jeremy Wood on January 15, 2018

The oligopoly is known to have a producer dominates the market. This translates into a couple of suppliers/sellers in the market, and can therefore cause a large increase in the price of products that are sold in their respective community.


Add you answer