FILL IN THE BLANK. because the market outcomes in a competitive oligopoly are between those of a ___ , deadweight loss still exi

Question

Elanso [62]

1 year ago

7

FILL IN THE BLANK. because the market outcomes in a competitive oligopoly are between those of a ___ , deadweight loss still exi

sts, but it is lower than when there is collusion.

Business

1 answer:

klemol [59] · Answer 1 · 2023-12-05T00:59:32+03:00

klemol [59]1 year ago

4 0

Answer: monopoly and a perfectly competitive market

Because the market outcomes in a competitive oligopoly are between those of a monopoly and a perfectly competitive market, deadweight loss still exists, but it is lower than when there is collusion.