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Key Characteristics of Oligopoly

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Barriers to Entry: The entry barriers in oligopoly are extremely high that prevent new entrants into competition against the old-established firms. Product Differentiation: Mostly the firms under oligopoly sell either homogenous or differentiated products. Most of the firms use branding, quality, or technology for differentiation. Non-price Competition: nstead, they compete for ever... https://finxl.in/best-financial-analyst-course.html

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