Respond to the following prompt in a post with a minimum of 200 words. Then comment on at least TWO other posts.
Name a product that you regularly purchase from a firm that operates in an oligopolistic industry. Explain why the product and firm fit the model of oligopoly. Think about the TV commercials and/or print advertisements that you’ve seen from this industry: What interdependence have you noticed between the firm you selected and its rivals in terms of product differentiation, price leadership, or price competition? Explain your answer.
Candela Citations
CC licensed content, Original
- Discussion: Oligopoly. Authored by: Jennifer Pakula and Lumen Learning. License: CC BY: Attribution