Define imperfect oligopoly??

Dear student,

Oligopoly is a form of market where there are few sellers/firms producing homogeneous product or differentiated products. 
If in oligopoly, the firms produce homogeneous products, then it is perfect oligopoly.
If in oligopoly, the firms produce differentiated products, then it is imperfect oligopoly.



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Imperfect oligopoly is when the product is homogeneous in nature and is based on product differentiation. For example- Aluminium Industry 
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nice questioin
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