Login
Remember
Register
EasyElimu Questions and Answers
Questions
Unanswered
Tags
Users
Ask a Question
Ask a Question
State four features of oligopoly market structure
0
votes
634
views
asked
Jul 16, 2021
in
Business Studies Form 3
by
anonymous
State four features of oligopoly market structure
market structures
product markets
Please
log in
or
register
to answer this question.
2
Answers
0
votes
answered
Jul 16, 2021
by
anonymous
There are a few large firms controlling a large share of the market.
There is interdependence in pricing and output
Some firms have their products differentiated.
Products are close substitutes.
Please
log in
or
register
to add a comment.
0
votes
answered
Dec 7, 2022
by
0731310XXX
There are many buyers and sellers
Free entry and exit to the market
Sell products that are homogeneous
There is non price competition
Please
log in
or
register
to add a comment.
Related questions
0
votes
3
answers
Outline four features of monopoly structure of market
asked
Aug 25, 2021
in
Business Studies Form 3
by
anony mous
product markets
types and features of a product market
0
votes
2
answers
Outline four features that constitutes a market
asked
Aug 25, 2021
in
Business Studies Form 3
by
anony mous
product markets
types and features of a product market
0
votes
1
answer
Outline any four characteristics of an imperfect competition market
asked
Aug 12, 2021
in
Business Studies Form 3
by
anony mous
product markets
discuss the features of various types of product markets.
0
votes
1
answer
Identify four gaps in a market that may bring a business opportunity in a market
asked
Aug 25, 2021
in
Business Studies Form 3
by
anony mous
product markets
0
votes
6
answers
List the essentials of a market
asked
Sep 13, 2021
in
Business Studies Form 3
by
sparks20
product markets
Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.
Categories
All categories
Mathematics
(632)
English
(287)
Kiswahili
(559)
Chemistry
(663)
Physics
(604)
Biology
(659)
Geography
(537)
History
(568)
CRE
(365)
IRE
(53)
Agriculture
(519)
Business Studies
(379)
Business Studies Form 1
(153)
Business Studies Form 2
(104)
Business Studies Form 3
(94)
Business Studies Form 4
(27)
Computer Studies
(20)
Home Science
(60)
General Questions
(432)
6.4k
questions
9.6k
answers
6
comments
590
users
...