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    Microeconomics Principles Applications
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    Exam 12: Oligopoly and Strategic Behavior
  5. Question
    Which of the Following Is a Characteristic of an Oligopoly
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Which of the Following Is a Characteristic of an Oligopoly

Question 10

Question 10

Multiple Choice

Which of the following is a characteristic of an oligopoly market?


A) control over price
B) diseconomies of scale in production
C) firms act independently without regard to each other
D) all of the above

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