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Characteristics of Oligopoly

Some of the characteristics of oligopoly are as follows. So let us check it out some more information oligopoly to know more about it. Also know more about Advantages and disadvantages of oligopoly and its features.

  1. In oligopoly few firms control over the market.
  2. High barriers to entry in seen in oligopoly.
  3. Lack of available substitutes.
  4. Only few sellers in oligopoly.
  5. Control over supply.
  6. Lack of uniformity of size of firm
  7. Price rigidity
  8. Advertising and selling costs
  9. Group behavior
  10. During oligopoly conflicting attitudes of firms can be observed.
  11. Inter dependence of firms in oligopoly
  12. Intense competition
  13. Product differentiation may or may not exist


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Full Form of DNA

Deoxyribonucleic Acid (DNA)  is a molecule which helps to carry most of the genetic instructions or information in functioning, development and reproduction of almost all kinds of living organisms which is present in nearly all living organisms. DNA can be said as a carrier of genetic information. (Other full form related to DNA such as RNA and other similar terms are also available.)

Process Validation Stages process qualification two

In the Process Validation during second stage that is process qualification some more points are taken into account which are  discussed below. So let us see some points one by one:

During process performance qualification the actual facilities, utilities and equipment are checked whether they are qualified or not.

The personnel operating various equipment are trained or not is checked.

The  procedure which are performed are as per standard procedure is verified and checked.