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Lecture 10 (Oligopoly (Oligopoly in Pakistan (Example Telecom sector,…
Lecture 10
Oligopoly
Definition
Few buyer and few seller
Oligopoly in Pakistan
Example Telecom sector
Monopoly under oligopoly in telecom sector
Cartel in oligopoly
Concept of cartel
Cartel in Pakistani market
Example of automobile sector
Example of Sugarcane
Example of Pharmaceutical sector
Impact of price due to cartel
Example of pharma sector
Cartel system and export
Example in pharma sector
Example of strong cartel in Pakistan
Oligopoly v/s monopoly
Government power in oligopoly
Cartel and there decision in market
Example of agriculture sector
Land did not reform due to cartel
Solutions to deal with cartel
Formation of cartel
Monopoly in oligopoly
less welfare
Low quality of product and service
Example
Telecom sector in Pakistan
National level look like Perfect
Province level Oligopoly
City level Monopoly
Division of district into monopoly
Example
Dadu sindh
International cartel system
Examples
Selection of us president
International automobile sector
Tesla motor
Price in market
Price difference
Perfect market
Oligopoly
Monopoly
Reason of price difference
Consumer perception
Consumer buying power
Number of consumer in that area
Perfect monopoly
Concept
Example at area level
Reason of potential monopoly
Graph of oligopoly
Assumptions
There are some buyer and many sellers
There is a limitation of price
Coogle Made by:
Azaz Ahmed (1839124)