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Distinguish between 'cooperative' and non-cooperative' oligopoly

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Distinguish between 'cooperative' and non-cooperative' oligopoly
  • 1 answers

Sanjot Singh 6 years, 11 months ago

Cooperative mean in that market where firms are cooperate with each other and in this oligopoly there is no change for price war but in non cooperative oligopoly firms are not cooperate with ea h other and this may lead to price war Price war means the war between the firm to increase their sales by lowering the price and it is the loss of both the firms so generally fitms may not enter t into the price war
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