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Explain an oligopoly market structure

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User Aquinq
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An oligopoly refers to a request structure that consists of a small number of enterprises, who together have substantial influence over a certain assiduity or request. While the group holds a great deal of request power, no bone company within the group has enough sway to undermine the others or steal request share.

Motorcars, string TV, and marketable air trip are all examples of oligopolies.

Hope this helps :)

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User Jbochi
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