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    Exam 14: Antitrust and Trade Regulation
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    The Retail Gas Market, Where a Small Number of Firms
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The Retail Gas Market, Where a Small Number of Firms

Question 50

Question 50

Multiple Choice

The retail gas market, where a small number of firms control a large majority of the market, is an example of a(an) _____.


A) monopoly
B) oligopsony
C) monopsony
D) oligopoly

Correct Answer:

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