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Upon successful completion of this module, you will be able to:
•Define oligopoly
•List the characteristics of oligopoly
•Contrast non collusive oligopoly to collusive oligopoly
•List the various oligopoly models
•Define a cartel
•Contrast Cournot’s model to Stackelberg’s model
•Describe a market sharing cartel
•Discuss price leadership
•Describe the Kinked demand Curve model
•Contrast price leadership to barometric leadership
•Discuss collusive oligopoly
•Explain price leadership by a large dominant firm
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