Non-collusive oligopoly
What Non-collusive oligopoly means in Economics A-Level, as defined for AQA.
Definition of Non-collusive oligopoly
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Reference: AQA
A market where firms act independently while remaining mutually interdependent in their decision-making.
Topics that use Non-collusive oligopoly
- Oligopoly (AQA A-Level)
Related terms
- Barriers to entry
- Cartel
- Cartels
- Collusion
- Concentration ratio
- Concentration ratios
- Cooperation
- Dynamic efficiency
Using Non-collusive oligopoly in the exam
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