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    Exam 26: Oligopoly and Strategic Behavior
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    The Number of Firms in an Oligopolistic Industry
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The Number of Firms in an Oligopolistic Industry

Question 195

Question 195

Multiple Choice

The number of firms in an oligopolistic industry


A) must be less than 10.
B) must be less than 20.
C) must be small enough that firms are interdependent.
D) must be large enough for firms to be independent.

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