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What Kind of Market Structure Is an Oligopoly

Question 19

Multiple Choice

What kind of market structure is an oligopoly?


A) One where one firm serves an entire market.
B) One where many firms market essentially the same products.
C) One where a few large firms dominate the market.
D) One where many firms offer products with unique features and prices.
E) One where only a few products are sold.

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