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4 years ago

Why is competition limited in an oligopoly

Social Studies

2 answers:

dimulka [17.4K]4 years ago

5 0

The reason why it is so limited is because there is such a small amount of sellers and producers

Salsk061 [2.6K]4 years ago

5 0

<h2>High entry costs prevent new producers from entering the market.</h2><h3>Explanation:</h3>

An oligopoly is a kind of business wherein a surprisingly few numbers of producers produce nearly the whole supply of goods used by the people. Establishing up a brand and inciting enormous set-up expenses such as installing up production plants and mutable expenses like wages of workers related to different brands is very very hard as it requires billions of dollars.

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3 years ago

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What was your spouse's or partner's name and wartime occupation (if interviewed for that reason)?

If married, when and where were you married?

Did you have children at any time during the war?

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Did you develop friendships during training or the activity itself?

Did you have family and friends in the service or doing war work?

Explanation:

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