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    Exam 11: Imperfect Competition and Strategic Behaviour
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    One Characteristic of Oligopolistic Markets Is
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One Characteristic of Oligopolistic Markets Is

Question 97

Question 97

Multiple Choice

One characteristic of oligopolistic markets is


A) ease of entry and exit.
B) zero profits in the long run.
C) mutual interdependence between firms.
D) a horizontal demand curve facing each individual firm.
E) a large number of firms in the industry.

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