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    Exam 2: Understanding Economics and How It Affects Business
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    Meredith Notices That Just a Few Big Companies Produce Most
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Meredith Notices That Just a Few Big Companies Produce Most

Question 21

Question 21

True/False

Meredith notices that just a few big companies produce most of the flavored teas she sees in the grocery store. She would be correct in describing the flavored tea industry as an oligopoly.

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