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balandron [24]
2 years ago
14

What enables a oligopoly to form within a market

Business
1 answer:
arlik [135]2 years ago
4 0

It would be too costly to launch a competing business To establish Oligopoly in the market.

<h3>What is a market?</h3>

The entire number of buyers and sellers in the area or region under consideration is referred to as the market.

A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact.

The market share of the major companies is calculated using the concentration ratio.

Learn more about the oligopoly market:

brainly.com/question/15243178

#SPJ1

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Please see attachment

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In January 2014, the company Quicken Loans made news by announcing that it would pay $1 billion to the person who submitted the
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3 years ago
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