In general, the quantity of output in an oligopoly market is

Name: In general, the quantity of output in an oligopoly market is
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In an oligopoly market, firms have some market power, allowing them to set prices above marginal cost, which typically results in a lower quantity of output compared to the ideal of perfect competition, where firms are price takers and produce where price equals marginal cost.

In General, the Quantity of Output in an Oligopoly Market