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Which of the Following Is Always a Characteristic of the Oligopoly

Question 171

Multiple Choice

Which of the following is always a characteristic of the oligopoly market structure? ​


A) ​Many sellers, each small in size relative to the overall market.
B) ​ Few sellers.
C) ​All sellers produce identical products.
D) ​Easy, low-cost entry and exit.

Correct Answer:

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