This document discusses oligopoly, which is a market structure with a small number of sellers offering similar or differentiated products. It begins by defining oligopoly and providing some examples, such as automobiles, cement, and steel industries in India. The document then outlines the two main types of oligopoly - collusive, where firms cooperate to maximize profits, and non-collusive, where firms compete independently. Key characteristics of oligopoly markets are the small number of firms, interdependent decision-making, importance of advertising, barriers to entry, and unpredictable prices and output levels.

1. OLIGOPOLY
Preented by 
Rishi khanal 
Bim iv 
108111
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2. CONTENT
 Introduction
 examples
 Types of oligopoly
 Characteristics
 Reference
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3. INTRODUCTION
 The Term oligopoly is derived from the frek
word oligi=few and polein= sell.
 Oligopoly is a market structures in which few
seller offer to sell heir product.
 But there occur more than 2 seller
 Homogeneous and differential product are
sell.
 Economy do not specify what number of
seller make the market oligopoly .
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4.  Oligopoly lies between monopolistic
completion. and monopoly.
 This market influence by the behavior of
other firm.
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5. EXAMPLE
 In india market of for automobiles, cement,
steel,alminium etc are the example of
oligopolistic market
 In all this market there are few firm for each
particular product .
 DUOPOLY is a special case of oligopoly in
which there are extely two seller
 Eg: coca-cola and pepsi .
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6. TYPES
 Collusive oligopoly
it develops some forms of agreement among
the, within the market for promotion of common
interest like
maximizing profit, avoiding price war, reducing
uncertainty.
 Non collusive oligopoly
non collusive firms make their business
decision independently .
They do not make any agreement among them
rather they compete each other
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7. CHARACTERISTICS
 Few number of seller
 Interdependence of decision marking
 Importance of advertising and selling cost
 Barrier to entry
 Indeterminate price and output
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8. REFERENCE
 Microeconomics book (kriti pulication )
 www.yourarticlelibrary.com
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