3 Tutorials that teach Oligopoly
Take your pick:


Author: Justin Tapp

This lesson will explain Oligopoly

See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

28 Sophia partners guarantee credit transfer.

263 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 25 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.

Terms to Know

A group of colluding firms.


An attempt by firms to agree on prices and the number of units produced.


An industry market structure characterized by a few firms selling similar products.

Prisoner's Dilemma

A model used to illustrate why collusion tends to break down.