Oligopolies Pricing and Service in Oligopolistic Environments Discussion

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engbbfu

Economics

Question Description

I’m working on a Economics question and need guidance to help me study.

Which of the following markets are oligopolistic?

  • passenger airlines
  • cereal
  • fast food
  • wheat
  • golf equipment
  • the college bookstore on your campus

What happens to pricing and service in oligopolistic environments? Please use an example and include a resource.

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Explanation & Answer

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Surname 1
ECONOMICS

Name
Course
Professor
June 28, 2019

Surname 2
ECONOMICS
Oligopoly
Among the markets provided, the passenger airlines, cereal, golf equipment and college
bookstore located on campus can be referred to as oligopolistic. This is in regard to...

Ghgbe_FgrsnaQ (17107)
Purdue University

Anonymous
Very useful material for studying!

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