Oligopolies
An oligopoly is a market structure dominated by a small number of large businesses. Each business must consider how its rivals may react before changing its price, output or marketing. A market…
Sign up free to read this section
Create a free Hlayiso account to read the full Dynamics of imperfect markets notes for Grade 12 Economics.
Sign up freeLog inCommon questions
Can’t find your answer? Contact us
What will I learn in "Oligopolies"?
This section covers Oligopolies as part of Dynamics of imperfect markets in Grade 12 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.
Is this section aligned with the CAPS curriculum?
Yes. All notes on Hlayiso, including "Oligopolies", are written against the official CAPS curriculum and ATP for Grade 12 Economics.
What should I study after "Oligopolies"?
Continue with the next section in Dynamics of imperfect markets, or test your understanding with the interactive quiz linked to this section.
Practise Oligopolies with quizzes and flashcards
Create a free account to practise Grade 12 Economics and track your progress.
Start free
