Multiple Choice
What is an oligopoly
A) a market in which there are only a few sellers, each offering a product similar or identical to the others
B) a market in which firms are price takers and do not advertise
C) a market in which firms are price takers and advertise
D) a market in which the actions of one seller in the market have no impact on the other sellers' profits
Correct Answer:
Verified
Correct Answer:
Verified
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