Marketing

Duopoly Market

Duopoly Market

The main focus of this article is represent on Duopoly Market. A true duopoly could be a specific kind of market wherever solely 2 producers exist in one market. In reality, this definition is usually used wherever solely 2 corporations have dominant management over a market. within the field of commercial organization, it’s the foremost unremarkably studied type of market thanks to its simplicity.There square measure 2 principal duopoly models, Cournot duopoly and Bertrand duopoly.