Oligoply Explained by https://padlet.com/klanger343/9tvyt148i6k2 by Kevin Langer en-us 2016-11-03 23:03:36 UTC 2026-02-10 16:46:04 UTC hello@padlet.com Oligoply video klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135258723 2016-11-03 23:14:03 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135258723 In an oligopoly there are few sellers. Selling very similar things, such as smartphones. There are many obstacles to enter the this market. If Oligopolists collude, it could reduce competition and lead to higher prices for consumers. klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135259327 2016-11-03 23:16:33 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135259327 klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135260488 2016-11-03 23:27:30 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135260488 Advantages klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135260599 2016-11-03 23:28:26 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135260599 Apple klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135261537 2016-11-03 23:39:13 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135261537 klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135261646 -Closest market structure to a monopoly without being one. Apple makes a lot of money.

-High profits, since there is little competition Apple can raise prices little by little, without consumers switching to Samsung

-Products are getting better, which means more money for Apple]]> 2016-11-03 23:40:41 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135261646 Disadvantages klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135262700 2016-11-03 23:54:02 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135262700 klanger343 https://padlet.com/klanger343/9tvyt148i6k2/wish/135262716 -There is competition, hard for Apple to make there own prices

-Other businesses could possible collude against Apple

-Limited choices on price]]> 2016-11-03 23:54:25 UTC https://padlet.com/klanger343/9tvyt148i6k2/wish/135262716