Question: Chapter- Imperfect competition and strategic behaviour. ** Please add references if you use any. 1.Explain why an oligopolist (with few competitors) pays more attention to

Chapter- Imperfect competition and strategic behaviour.

** Please add references if you use any.

1.Explain why an oligopolist (with few competitors) pays more attention to what its competitors are doing than a producer in a competitive market (with many competitors) does.

*Thats all about the question. No other information is there.

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