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    Economics For Today Study Set 3
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    Exam 10: Monopolistic Competition and Oligopoly
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    Which of the Following Is a Characteristic of an Oligopoly
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Which of the Following Is a Characteristic of an Oligopoly

Question 59

Question 59

Multiple Choice

Which of the following is a characteristic of an oligopoly?


A) Mutual interdependence in pricing decisions.
B) Independent pricing decisions.
C) Lack of control over prices.
D) All of these are true.

Correct Answer:

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