In a price war,firms in an oligopoly often push prices up to the monopoly level.

Name: In a price war,firms in an oligopoly often push prices up to the monopoly level.
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In a price war, firms in an oligopoly may engage in aggressive price-cutting in order to increase market share and drive competitors out of the market. This results in prices lower than monopoly level, as multiple firms are trying to undercut each other.

In a Price War,firms in an Oligopoly Often Push Prices