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    Exam 2: Understanding How Economics Affects Business
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    Monica Notices That Just a Few Big Companies Produce the Vast
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Monica Notices That Just a Few Big Companies Produce the Vast

Question 106

Question 106

True/False

Monica notices that just a few big companies produce the vast majority of soft drinks.She would be correct in describing the soft drink industry as an oligopoly.
Level of Learning 3: Application of principles

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