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Oligopoly Is a Market Structure That Is Characterized by A

Question 44

Multiple Choice

Oligopoly is a market structure that is characterized by a:


A) small number of interdependent firms producing identical or differentiated products.
B) small number of independent firms producing identical or differentiated products.
C) large number of relatively small independent firms producing differentiated products.
D) large number of relatively small independent firms producing identical products.

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