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- Should competitors work together in an oligopolistic market?what is it called if they do,and is it legal?How do pricing strategies vary across markets that are characterized bymonopolistic, oligopolistic, monopolistic competition, and purecompetition?What is Oligopolistic Market Structure? Examples from Developed Countries
- If in Ventura county there is an oligopolistic market, where each company has a kinked demand curve, then what will be the effect when one of these companies raises its price?What type of demand curve do we see with oligopolistic markets? Draw an exampleHow do firms in an oligopolistic market set their prices? Use specific examples from the simulations or from the textbook to support your claims