Thank you for the amazing video. I have one question, “if new players start entering the market of oligopoly, their competition will increase and profits will decrease right?. Like the one example of OPEC and shale industry. How can be the entry of shale industry was beneficial to the OPEC?”
Thank you, are you asking about a specific point which I make in the video? Sorry, I recorded it some months back so I do not really remember everyting that I said. Can you point me towards a specific moment in it?
Got the concept and feels more confident now what I have learnt today.
Thank you Sir🙏
Happy to see that you have video on this! I think, it can be challengng with some examples! cannot ait to watch it!
Thank you so much sir!!
Top tier !
Thank you for the amazing video. I have one question, “if new players start entering the market of oligopoly, their competition will increase and profits will decrease right?. Like the one example of OPEC and shale industry. How can be the entry of shale industry was beneficial to the OPEC?”
Thank you, are you asking about a specific point which I make in the video? Sorry, I recorded it some months back so I do not really remember everyting that I said. Can you point me towards a specific moment in it?
At 24:11, you have mentioned increasing competition will make collusion successful.
Where can I find the first video on Oligopolies? I can't see it in the playlist 😊
Thank you for spotting this! I just added the relevant video to the economics playlist ahead of this one.
@@letmeexplaincfa Thanks so much!
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