Amy Sullo -MT445 Unit_5_Assignment

Please answer the following questions.  Submit as a Microsoft Word® document to the Dropbox when completed.

 

1. Do the firms in an oligopoly act independently or interdependently? Explain your answer.

        The firms in an oligopoly act interdependently with each other. They do this because the production and output of the firms are based on the events and actions that are taken by the competitors and will have influences on each other.   

 
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