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Select a firm that operates in the oligopoly market structure. Your post should explicitly define oligopoly and make clear connections between your firm and the
Select a firm that operates in the oligopoly market structure.
Your post should explicitly define oligopoly and make clear connections between your firm and the characteristics of a oligopoly.
Describe the firm and provide at least 3 pieces of evidence that show the characteristics of oligopoly. Label them 1, 2, and 3.
If you discuss barriers to entry (and you should), be sure to identify the specific barrier(s) in addition to explaining the general concept of barriers to entry. It is not sufficient to say that firms face barriers to entry (in general).
Please discuss an example from your personal experience, not an outside source.
Please answer this question including all requirements.
total marks- 20
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