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Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050

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BuyFindarrow_forward

Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050
Textbook Problem

How does the number of firms in an oligopoly affect the outcome in the market?

To determine
How does the number of market in the oligopoly affect the outcome in the market.

Explanation

If the number of firms increases in n oligopoly market, it ultimately leads to the conversion to a competitive market...

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