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Which of the Following Is a Unique Characteristic of the Oligopolistic

Question 125

Multiple Choice

Which of the following is a unique characteristic of the oligopolistic market structure?


A) low barriers to entry
B) a large number of firms producing highly differentiated products that are complements to each other
C) product differentiation among the products produced by individual firms
D) mutual interdependence among firms in demand, and thus, in price decisions

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