# 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…

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## More in Dynamics of imperfect markets

- [Output profit and loss](https://www.hlayiso.com/grade-12/economics/notes/dynamics-of-imperfect-markets/output-profit-and-loss) — Previous section
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- [All Dynamics of imperfect markets sections](https://www.hlayiso.com/grade-12/economics/notes/dynamics-of-imperfect-markets)

## Frequently asked questions

### 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.

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