Economics For Today
Economics For Today
10th Edition
ISBN: 9781337613040
Author: Tucker
Publisher: Cengage Learning
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Chapter 10, Problem 10SQ

An oligopoly is a market structure in which

  1. a. one firm has 100 percent of a market.
  2. b. there are many small firms.
  3. c. there are many firms with no control over price.
  4. d. there are few firms selling either a homogeneous or differentiated product.
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