1 The key feature of an oligopolistic market is that a each firm produces a different product...

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1 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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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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