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    Microeconomics Study Set 45
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    Exam 14: Oligopoly and Strategic Behavior
  5. Question
    The Characteristic Most Closely Associated with Oligopoly Is
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The Characteristic Most Closely Associated with Oligopoly Is

Question 154

Question 154

Multiple Choice

The characteristic most closely associated with oligopoly is


A) easy entry into the industry.
B) a few large producers.
C) product standardization.
D) no control over price.

Correct Answer:

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