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प्रश्न
Briefly discuss the importance of Selling Cost under oligopoly market.
उत्तर
In oligopoly marketplaces, where there are few dominant firms and intense rivalry, selling costs are significant. In oligopolies, selling expenses help companies participate in non-price rivalry by means of marketing and promotion, therefore promoting product differentiation rather than setting off price wars. High selling prices also present access challenges. These are strategic costs that affect the behaviour of rivals in a market where firms are interdependent.
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संबंधित प्रश्न
Answer the following question.
Why are the firms said to be interdependent in an oligopoly market? Explain.
Distinguish between cooperative and non-cooperative oligopoly
Explain the cause of the limited number of firms in an oligopoly market.
Why is the number of firms small in oligopoly? Explain.
Why is the number of firms small in an oligopoly market? Explain.
Choose the correct answer from given options
There are only a few sellers under
Elaborate three main features of an oligopoly form of market.
Explain the meaning of the following features of the Oligopoly Market :
(a) Non-Price Competition
(b) Few Sellers
State any two features of Oligopoly.
Sometimes, a firm considers the action and reaction of its rival firms while determining its price and output levels.
Which market form does such firm belong to?
