Allahabad University Economics Third Year First Paper Unit II -

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Economics – 3rd Year

Paper – I

Unit II

Language/भाषा

Q1. Discuss the nature of Oligopoly market. Explain why price remain rigid in oligopoly market.

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Q2. Critically examine the Cournot's Model of Duopoly.

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Q3. How Cartel is formed in oligopoly market? Explain how price and output equilibrium is determined in the Oligopoly market.

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Q4. Introduce the nature of Oligopoly. Critically explain the price determination under Chamberlin's Duopoly model.

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Q5. Discuss the nature of oligopoly. Critically examine the Bertrand Model of duopoly and explain how it is superior to Cournot Model of Duopoly?

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Q6. Explain the cartel formation process in an oligopoly market. Discuss the concept of market sharing cartel.

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Q7. Introduce the nature of Oligopoly. Critically explain the theory of kinked demand curve.

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Q8. What do you understand by Price leadership of a dominant firm? Explain with suitable diagrams, how price is determined and profit shared under the price leadership model.

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