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What makes the price charged by an oligopolist 'rigid' ?

What makes the price charged by an oligopolist 'rigid' ?

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What makes the price charged by an oligopolist 'rigid' ?

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In a market , a company or a firm cannot take the gain or lose just by changing its cost /price from price which is prevaliing in the market .So there is no increment in the demand for that firm/company which is chaning its price.Therefoe the company/firm stick to its own prices kept same over the specificn period of time which leads to RIGIDITY OF PRICE under the oligopoly market structure .

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