[ronit]

[ltr]Oligopoly market [/ltr]


[ltr]Oligo poly is a market situation in which there is only few seller of a commodity Example of oligopoly : cement , telecommunication etc.[/ltr]



[ltr]Features of Oligopoly [/ltr]


[ltr]1.Few  Seller and Large Number of Buyers [/ltr]


[ltr]2.That every seller can exercise and important rival [/ltr]


[ltr]3.Seller can influence on price- out polices of his rival [/ltr]