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What are the main features of an oligopolistic market? How do oligopolies set their prices ? Explain how you can distinguish a firm in an

What are the main features of an oligopolistic market?
How do oligopolies set their prices?
Explain how you can distinguish a firm in an oligopolistic market from one in a monopolistic competitive market. Provide examples to illustrate.

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History Round Total Your Barrel Cost Production Production Price Per Barrel Your Profit 16 6 $14 $6 $48 2 17 4 $13 $6 $28 3 23 10 $7 $6 $10 Round 3/3 00:00 AR 3 E

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