An Oligopoly Market with Identical Products Is Similar to a ________,But

Multiple Choice

An oligopoly market with identical products is similar to a ________,but the key difference is ________.

A) monopolistic competition market; oligopoly markets are more efficient
B) perfect competition market; oligopoly markets are more efficient
C) monopoly; the oligopolist must recognize the behavior of its competitors
D) monopolistic competition; the oligopolist is a price-taker