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In an oligopolistic market:

A. Products are heterogenous

B. There is a single firm

C. Market price is set by the industry

D. There are few sellers acting strategically

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Yusra Anees
Yusra AneesLv10
3 Nov 2020
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Related questions

The key feature of an oligopolistic market is that

A. Each firm produces a different product from other firms.

B. A single firm chooses a point on the market demand curve.

C. Each firm takes the market price as given.

D. A small number of firms are acting strategically.

The key feature of an oligopolistic market is that

a. Each firm produces a different product from other firms.

b. A single firm chooses a point on the market demand curve.

c. Each firm takes the market price as given.

d. A small number of firms are acting strategically.

The key feature of an oligopolistic market is that

a. Each firm produces a different product from other firms.

b. A single firm chooses a point on the market demand curve.

c. Each firm takes the market price as given.

d. A small number of firms are acting strategically.

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