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    Microeconomics Theory and Applications Study Set 2
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    Exam 13: Monopolistic Competition and Oligopoly
  5. Question
    A Duopoly Is Defined as an Industry with _____
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A Duopoly Is Defined as an Industry with _____

Question 52

Question 52

Multiple Choice

A duopoly is defined as an industry with _____.


A) two distinct types of buyers
B) two sellers
C) multiple product lines
D) a homogeneous product

Correct Answer:

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