Oligopoly - short answer
Explain why price competition is rare in oligopoly.
Explain the phenomenon of sticky prices in an oligopolistic market.
Explain two models of an oligopolistic market.
Explain why it is often considered that firms in oligopoly will collude over prices and form cartels and other forms of price fixing.
Why is it difficult to break into an oligopolistic market?
Discuss the various factors which a firm in an oligopolistic market is likely to take into account when deciding upon the price to charge for its product.