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    Microeconomics Study Set 13
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    Exam 14: Oligopoly and Strategic Behavior
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    Which Cannot Be a Characteristic of an Oligopolistic Industry
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Which Cannot Be a Characteristic of an Oligopolistic Industry

Question 148

Question 148

Multiple Choice

Which cannot be a characteristic of an oligopolistic industry?


A) differentiated products
B) a large number of consumers
C) significant barriers to entry
D) a perfectly elastic firm demand curve

Correct Answer:

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