|
Oligopoly
An describes a market situation in which there are limited or few sellers. Each seller knows that the other seller or sellers will react to its changes in prices and also quantities. This can cause a type of chain reaction in a market situation. In the world market there are oligopolies in steel production, automobiles, semi-conductor manufacturing, cigarettes, cereals, and also in telecommunications.
Often times oligopolistic industries supply a similar or identical product. These companies tend to maximize their profits by forming a cartel and acting like a monopoly. A cartel is an association of producers in a certa ....
Word count: 1438 - Page count: 6
|
|
Are you sitting there thinking how much it sucks to have to write a term paper for class? If you are writing an argumentative
paper, you first you will have to come up with a topic for your thesis statement and then objections and points supporting your position.
Are you wishing you could find some help to come up with some good ideas your paper? Then you are in luck! PaperSucks.com
is here. We have over 40,000 pre-written papers in our online library to help you with your academic paper. Yes, you read that right.
Our site has 40,000 papers and growing. Best of all, our prices won't suck your wallet dry. So become a member today and get
immediate access to our site and say goodbye to the old ways to writing term papers.
| Membership Option |
Price |
Select A Payment Option |
| 30 days recurring |
$19.95 |
| 90 days recurring |
$39.95 |
| 180 days non-recurring |
$69.95 |
|
|
|
