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Business, 11.12.2019 04:31 liapis2002

Which of the following statements is true?
i. oligopoly is a form of imperfect competition.
ii. oligopoly firms produce only differentiated products.
iii. unlike perfectly competitive markets, oligopoly markets have only a small number of firms in oligopoly markets
a) i only
b) ii and iii
c) i and iii
d) i, ii, and iii

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Answers: 1

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Which of the following statements is true?
i. oligopoly is a form of imperfect competition....
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