Oligopoly
Leader demand curve are more steeper which implies the leader will have a larger market share as P increases. 为什么价格上升,这个dominant firm 会有更大的市场份额呢?(这句话出自Economics的闪卡)
上面这句话和下面这两句话矛盾么?
1. The dominant company's market share tends to decrease as profit attract entry by other companies.
2. 在oligopoly market,如果公司 降价,其他公司也跟着降价,因此你的市场份额不会增多。如果你升价,其他公司不会升价,你的市场份额会迅速减少。
非常感谢!