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    Business
  3. Study Set
    Principles of Economics Study Set 12
  4. Exam
    Exam 11: Product Differentiation, Monopolistic Competition, and Oligopoly
  5. Question
    A Market in Which Only Two Competing Firms Participate Is
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A Market in Which Only Two Competing Firms Participate Is

Question 19

Question 19

Multiple Choice

A market in which only two competing firms participate is called


A) a bilateral monopoly.
B) a duopoly.
C) limited monopolistic competition.
D) a monopoly.
E) a bilateral oligopoly.

Correct Answer:

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