Spec 7136
Revise AQA A Level Economics 1.5.5 Oligopoly (A-level only) with the question bank, revision guides, and flashcards.
The main characteristics of oligopolistic markets. • Oligopolistic markets can be very different in relation to, for example, the number of firms, the degree of product differentiation and ease of entry. • Oligopoly can be defined in terms of market structure or in terms of market conduct (behaviour). • Concentration ratios and how to calculate a concentration ratio.
