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30 January, 05:15

The contestable market model of oligopoly bases pricing and output decisions on:

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  1. 30 January, 05:24
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    The contestable market model of oligopoly bases pricing and output decisions on the threat of new entrants into the market. The oligopoly market form is where the market or industry is run by a small amount of sellers that can influence the price and other market factors.
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