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    Principles of Economics Study Set 12
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    Exam 11: Product Differentiation, Monopolistic Competition, and Oligopoly
  5. Question
    In Oligopoly, Any Action by One Firm Causes
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In Oligopoly, Any Action by One Firm Causes

Question 113

Question 113

Multiple Choice

In oligopoly, any action by one firm causes


A) no reaction by other firms.
B) a reaction by other firms.
C) a profit gain by other firms.
D) a profit loss by other firms.
E) a loss of market share by other firms.

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