The Equilibrium for an oligopoly The oligopoly price is less than the monopoly price but greater than the competitive price(which equals marginal cost). H arc Inc items and derived items copyright o 2001 by Harcourt, IncHarcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. The Equilibrium for an Oligopoly The oligopoly price is less than the monopoly price but greater than the competitive price (which equals marginal cost)