An oligopolistic market structure is distinguished by several characteristics, one of which is difficult entry. Which of the following are other characteristics of this market structure? Check all that apply. Either similar or identical products   Market control by a few large firms   Market control by many small firms   Neither mutual interdependence nor mutual dependence   Mutual interdependence

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter15: Oligopoly And Strategic Behavior
Section: Chapter Questions
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An oligopolistic market structure is distinguished by several characteristics, one of which is difficult entry. Which of the following are other characteristics of this market structure? Check all that apply.
Either similar or identical products
 
Market control by a few large firms
 
Market control by many small firms
 
Neither mutual interdependence nor mutual dependence
 
Mutual interdependence
 
 
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