寡头垄断市场上的价格和产量的决定.docVIP

7.5 Decision of Price and Output Under Oligopoly Market 寡头垄断市场上的价格和产量的决定 1. DEFINITION AND FEATURES OF OLIGOPOLY Oligopoly describes a market structure where just a few firms between them control a large proportion of the industry. It is probably the most dominant market structure in the UK today. Most oligopolists produce differentiated products and much of the competition between them is in the marketing of their particular brands. The greater the product differentiation, the greater the scope to be a price-maker rather than a price-taker. As there are relatively few large firms in the mar