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    Managerial Economics
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    Exam 1: Managers,profits,and Markets
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    What Is the Most Important Characteristic of Oligopoly
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What Is the Most Important Characteristic of Oligopoly

Question 46

Question 46

Multiple Choice

What is the most important characteristic of oligopoly?


A) firms have market power
B) product differentiation
C) barriers to entry
D) interdependence of profits

Correct Answer:

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