Partnership in Oligopoly

Partnership in Oligopoly
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  • Partnership in Oligopoly by: Yvett Cruz & Abby R.
  • Hey, do you think that a partnership could exist in Oligopoly?
  • Well let's see, partnership is when two people own and manage a business. 
  • DUDE! Oligopoly has more than one owner as well!
  • Oh you're right! If you put both together there would be a lot of benefits such as the owners making high profits and producing more products.  
  • Not only that but the owners would also benefit because in oligopoly they can reduce the average production cost.
  • Yes! There would also be benefits to consumers if partnership was in oligopoly because there would be good, stable prices
  • So, partnership could exist in an oligopoly?
  • Yes, it definitely could!
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