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Title: Unlike perfectly competitive and monopolistically competitive firms, oligopolistic firms Post by: rosenrot on Oct 9, 2022 Unlike perfectly competitive and monopolistically competitive firms, oligopolistic firms
▸ always make positive profits. ▸ always have differentiated products. ▸ earn zero profits in the long run. ▸ operate where MR = MC. ▸ take account of the likely reactions of their competitors to their actions. Title: Unlike perfectly competitive and monopolistically competitive firms, oligopolistic firms Post by: amandashimkus on Oct 9, 2022 Content hidden
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