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1. Describe the structure and characteristics of oligopolistic industries. 2. Define the following terms: a. Concentration Ratio b. Contestable markets c. Tacit collusion d. Price
1. Describe the structure and characteristics of oligopolistic industries.
2. Define the following terms:
- a. Concentration Ratio
- b. Contestable markets
- c. Tacit collusion
- d. Price leadership
- e. Game theory
3. Explain the role of government in regulating mergers with a recent case.
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Energy, Foresight And Strategy
Authors: Thomas J Sargent
1st Edition
1317329686, 9781317329688
