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What is Perfect Oligopoly? - CBSE (Arts) Class 12 - Economics

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Question

What is perfect oligopoly?

Solution

A perfect oligopoly is a form of market in which firms produce homogeneous products. These products are in the same size, colour and shape and have perfect substitutes for each other.

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Solution What is Perfect Oligopoly? Concept: Market Forms - Perfect Oligopoly.
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