oligopolio y monopolio 16
In microeconomics, the oligopoly is a market dominated by a small number of sellers or service providers. It assumes the existence of several companies in a given market that offer a product or service, in such a way that none of them is dominant and it can impose on the others. Monopoly is a situation of legal privilege or failure of market in which there is a producer or service provider, which has great power of market, being the only one who has such a product, good or service and therefore dominates that market without competition. In general terms, is who controls the production and price although not at the same time.
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