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3.4.4 Oligopoly - Introduction (Edexcel A-Level Economics Teaching PowerPoint)

Level:
A-Level
Board:
Edexcel

Last updated 13 Sept 2023

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This PowerPoint covers an introduction to oligopoly.

An oligopoly is a market structure in which a small number of large firms or corporations dominate an industry or sector. In an oligopolistic market, there are typically just a few powerful players, and their actions and decisions can significantly influence the market's behavior. Oligopolies can exist in various industries, including manufacturing, telecommunications, banking, and retail.

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