My exquisite canvas by Megan Whipple https://padlet.com/mwhipple1/ltx41d2dn485 Made with wonder en-us 2017-11-01 18:45:37 UTC 2025-10-23 04:22:43 UTC hello@padlet.com Oligopoly mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/202670107 2017-11-01 18:49:49 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/202670107 Chararistics of an oligopoly: mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203435917 1) Only a few sellers of the product.
2) They sell identical or similar products.
3) There are a lot of barriers for getting in and out of the market.
4) The risk of colluding; conspiring to fix prices.]]> 2017-11-03 18:31:07 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203435917 Advantages of an Oligopoly: mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203436994 1) Only a few sellers. 
2) Cartels don't last long because there are incentives to cheat.
3) They have better advertising.
4) They have higher/ better discounts which draws people in.]]> 2017-11-03 18:33:41 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203436994 Disadvantages of an Oligopoly mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203438162 1) The risk of colluding.
2) The risk of cartels.
3) There is intense competition.
4) It is hard to compete with other businesses when starting out.
5) The need to sacrifice profits for rival balance.

]]> 2017-11-03 18:36:10 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203438162 -Honda- mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203440169 Part of an Oligopoly.]]> 2017-11-03 18:40:44 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203440169 mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203692687 2017-11-05 22:21:39 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203692687 mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203692902 2017-11-05 22:23:45 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203692902 mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203692996 2017-11-05 22:24:41 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203692996 mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693026 2017-11-05 22:25:00 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693026 mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693247 2017-11-05 22:26:56 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693247 mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693488 2017-11-05 22:29:35 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693488 mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693674 2017-11-05 22:31:33 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203693674 -Honda- mwhipple1 https://padlet.com/mwhipple1/ltx41d2dn485/wish/203695654 Honda is part of an oligopoly because it produces cars, and there are only a few car producers in the US]]> 2017-11-05 22:51:06 UTC https://padlet.com/mwhipple1/ltx41d2dn485/wish/203695654