Oligopoly // Economy

Greetings, comrade, continuing in the field of Economics, I bring you another form of market you should know in the commercial and financial field, since the oligopoly is a form of market where a small number of sellers are dominating, so to speak, taking into account that among That number that forms it, the information of each of them is known, for its technical analysis reference is made to the coefficient where the market - product - services is linked, dear reader, this allows us to understand how the market share that represents the companies is companies that make up this oligopoly, trusting to see how the competition is, this can give rise to several results to analyze their strategies, market structure, production behavior. Being clear about this type of market, it is very evident to recognize that only a small number of companies are part of and control the production of the market, given the case that the products can be and at the same time not be differentiated, it is a very influential market, that is why some The company finds it difficult to enter this market segment, as everything controlled, they set a goal of having large long-term profits due to their market structure, their income is managed or usually managed under the marginal income scheme, it is equated with the marginal cost , since in this model companies compete based on setting prices instead of quantities.

Much economic model relies on fiscal and monetary economic policy, to regulate the economy, but an attempt to stabilize unstable markets and the informal economy is often joined, to reduce the risk inherent in this market, dear reader, everything lies in stimulating investment and product development.

Now we have the case of the Duopoly, this is a type of oligopoly represented by it being formed by only two producers in a market, and only two companies have dominant control of a market by making themselves exclusively and can manipulate the prices of their products, this form of oligopoly can have the same impact on the market as a single monopoly market, the end result would be that consumers will end up paying the highest price they would in a market where there are competitors, in the market or In the computer sales segment, this economic situation usually happens, Gillette and Wilkison in the razor blade market. There is no perfect market or a perfect economy, there will always be an economic activity such as commerce, producers, due to many state policies that make many restrictions to the market and the common welfare, there will be many demanders and suppliers at a finished price that Subject to their purchasing power, market factors are mapped over the long term to mobile production so that it can be adjusted to varying market conditions.