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Oligopoly: How It Works, Why It Exists, and Its Characteristics, Advantages, and Disadvantages

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The four primary market structures include perfect competition, monopolistic competition, monopoly, and oligopoly. All of them describe different variations of competitive environments with varying levels of control in a market; however, among them, oligopoly is denoted as the most unique and complex type of market structure. It is defined as a small number of firms dominate the marke... https://finxl.in/financial-modelling-course.html
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