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    Exam 26: Oligopoly and Strategic Behavior
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    Industry a Comprises Only Very Few Large Firms Engaged in Stiff
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Industry a Comprises Only Very Few Large Firms Engaged in Stiff

Question 144

Question 144

Multiple Choice

Industry A comprises only very few large firms engaged in stiff competition with each other. Industry A can best be described as


A) pure competition.
B) monopolistic competition.
C) pure monopoly.
D) oligopoly.

Correct Answer:

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