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Oligopoly (Assumptions (Few sellers, Collusion, Barriers to entry(brand…
Oligopoly
Assumptions
Few sellers
Collusion
Barriers to entry(brand proliferation)
Product Differentiation
Interdependence
Non-price comp
Price Rigidity
Sweezy's kinked demand curve
Elastic
Inelastic
Collusion
Explicit
Implicit
Terms
Price Rigidity
Price Constancy
Informative Advertising
Brand Proliferation
Price Leadership
Limit Pricing
Aims other than profit maximisation
Unwanted attention
Limit Pricing
Family-owned business
Target level of profits
Baumols Model of sales maximisation