Corporation in Oligopoly
Storyboard Text
- With only 1-3 other firms, it's easy to compete against the others, especially when one of us lowers the price and the others follow,, we and the others control the market
- Though being taxed twice as the company is it's own entity hurts ours profits as a whole, but it'e easy to transfer stocks/shares of the company.
- Though we and the others mostly make up the supply of the product, but amount of the supplied depends on the random factor of the resources.
- Since there's only a few firms in this market we as the firms can set the price, but can only change the demand if we sell at lower prices than the rest.
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