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  3. Study Set
    Principles of Microeconomics
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    Exam 12: Price and Output Determination Under Oligopoly
  5. Question
    Oligopolies Exist Only in Industries That Produce Large Durable Goods
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Oligopolies Exist Only in Industries That Produce Large Durable Goods

Question 52

Question 52

True/False

Oligopolies exist only in industries that produce large durable goods such as automobiles and refrigerators.

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