Why does the interdependence of firms play a major role in oligopoly but not in perfect competition

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Why does the interdependence of firms play a major role in oligopoly but not in perfect competition or monopolistic competition?

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Microeconomics

ISBN: 9780357720639

14th Edition

Authors: Roger A. Arnold, Daniel R Arnold, David H Arnold

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Question Posted: Nov 01, 2024 07:00 AM

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Why does the interdependence of firms play a major role in oligopoly but not in perfect competition or monopolistic competition? Clue: Consider the number of firms in the industry, market power, and...
Why does the interdependence of firms play a major role in oligopoly but not in perfect competition or monopolistic competition?
Why does the interdependence of firms play a major role in oligopoly but not in perfect competition or monopolistic competition?
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Why does the interdependence of firms play a major role in oligopoly but not in perfect competition

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Microeconomics

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