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A Monopolistically Competitive Market Consists of Many Sellers,an Oligopoly Consists

Question 25

Multiple Choice

A monopolistically competitive market consists of many sellers,an oligopoly consists of ________ seller(s) ,and a monopoly consists of ________ seller(s) .


A) one; one
B) one; two
C) a few; many
D) a few; one
E) many; one

Correct Answer:

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