Ask Question
22 January, 17:14

One would expect that collusion among oligopolistic producers would be easiest to achieve in which of the following cases?

+3
Answers (1)
  1. 22 January, 17:34
    0
    A very small number of firms producing a homogeneous product

    Explanation:

    An oligopoly is a corporate structure regulated by a few firms. It has been said that a market is highly competitive as divided by a few companies. Although only a few businesses rule, other small businesses will exist on the market as well.

    Another oligopoly example is automotive manufacturing;

    Ford (F), GMC and Chrysler are the main car manufacturers in the United states. In spite of smaller mobile operators, Verizon (VZ), Sprint (S), AT&T (T), and T-Mobile (TMUS) continue to be the industry's leading network.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “One would expect that collusion among oligopolistic producers would be easiest to achieve in which of the following cases? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers