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    oligopolistic market

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    Question 1:
    analyze developments in demand and supply in the past few years in a market
    known to you (e.g. where you worked or a housmg market known to you). Include
    in your analysis an explanation of the determinants of demand and supply,
    recent changes in demand and supply, elasticity of demand and supply,
    and the impacts of government intervention, if any.

    Question 2:
    In an oligopolistic market known to you discuss / analyse the development
    of the price level in the past few years. Have the prices been stable or instable?
    Do the prices of the different companies move together in the same direction
    and with the same magnitude, or have the prices diverged? Describe the factors
    and company conduct which have had an impact on prices and pricing in the
    market(e.g. possibly: structure and conduct, changes in demand or technology,
    kinked demand curve, collusion, non-price competition, competitive behaviour,
    game theory, price discrimination, etc.)

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    Solution Summary

    An oligopolistic market is studied.