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What makes oligopoly pricing decisions difficult to analyze

Sagot :

Answer:

Some oligopolies have a very high concentration ratio, allowing them to act more like a monopoly, while other industries have a much lower concentration ratio, thus, making it more difficult to determine the best pricing strategy, since the number of possible responses by competitors is increased

Answer:

Some oligopolies have a very high concentration ratio, allowing them to act more like a monopoly, while other industries have a much lower concentration ratio, thus, making it more difficult to determine the best pricing strategy, since the number of possible responses by competitors is increased;

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