1. Oligopoly
Members:
Mae Casumpang
Eunice Sanchez
Jean Bhrose Laroco

2. Oligopoly
Oligopoly markets structure characterized
by few sellers and independent priceoutput decisions. It also comprise a
handful of competitors sheltered by
significant barriers to entry. Oligopoly
firms might produce an identical
products.

3. Characteristics of Oligopoly
1.Few sellers.
2.Unique products.
3.Blockaded entry or exit.
4.Imperfect dissemination of
information.
5.Opportunity for economic profits in
long run equilibrium.