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Oligopoly
Prerequisites of Oligopoly
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Concept Version 6
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Few Sellers

Cell Phone Tower

Cell Phone Tower

Cell phone companies have increasing returns to scale, which leads to a market dominated by only a few firms.

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    "CellPhoneTower OR."
    http://commons.wikimedia.org/wiki/File:CellPhoneTower_OR.jpg Wikimedia GNU FDL.

Related Terms

  • oligopoly
  • returns to scale
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