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-In Exhibit L-2, the Table Shows the Market Shares of Five

Question 172

Multiple Choice

  -In Exhibit L-2, the table shows the market shares of five firms that operate in three different industries. According to the text, Industry I would be classified as a A)  balanced oligopoly B)  unbalanced oligopoly C)  price leadership oligopoly D)  cartel E)  price discriminating oligopoly
-In Exhibit L-2, the table shows the market shares of five firms that operate in three different industries. According to the text, Industry I would be classified as a


A) balanced oligopoly
B) unbalanced oligopoly
C) price leadership oligopoly
D) cartel
E) price discriminating oligopoly

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