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Title: Which of the following is suggested by the theory of oligopoly? Post by: spacemanspliff on Oct 9, 2022 Which of the following is suggested by the theory of oligopoly?
▸ Entry into the industry is an important force preventing the exploitation of market power by existing firms. ▸ Game theory is interesting theory but not useful for real corporate managers. ▸ Oligopoly may be the best of the feasible alternative market structures when major scale economies exist. ▸ The tendency toward joint maximization of profits is greater for a large number of sellers than for a small number of sellers. ▸ Innovation is weak when there is no price competition. Title: Which of the following is suggested by the theory of oligopoly? Post by: elbrundo on Oct 9, 2022 Content hidden
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