Explain how an oligopoly is characterized by a relatively small number of firms offering a similar product or service.

Explain how an oligopoly is characterized by a relatively small number of firms offering a similar product or service.
April 1, 2020 Comments Off on Explain how an oligopoly is characterized by a relatively small number of firms offering a similar product or service. ping Assignment help

An oligopoly is characterized by a relatively small number of firms offering a similar product or service. Oligopoly products may be branded, as in soft drinks, cereals, and athletic shoes, or unbranded, as in crude oil, aluminum, and cement.

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