Illustrates the characteristics of Oligopoly

Illustrates the characteristics of Oligopoly?

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Oligopoly:

It is a distinct market condition. This has the given features as follows:

There is an component of Monopoly
Advertising must be effective.
The firms are interring dependent for decision making.
Firms must have group behavior.
The number of producers or firms or sellers is extremely small.
Indeterminateness of demand curve.
Product is the same or closes substitutes to each other.

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