What power does market leader in oligopoly have?

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asked Feb 28, 2023 175k views

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Valerio · Answer 1 · 2023-03-02T16:22:45+0000

Answer:

Monopoly Power.

Explanation:

A limited number of companies in an oligopoly with a significant market share enables these firms to control the price and output. Therefore, this market structure has some monopoly power

What power does market leader in oligopoly have?

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