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A. Indicate if the following characteristic exist in the oligopolistic market by writing a YES in the blank for those that do and NO for

A. Indicate if the following characteristic exist in the oligopolistic market by writing a YES in the blank for those that do and NO for those that do not.

_____10. The marginal revenue curve is truncated.

B. Give the points of differentiation between pure competition and monopoly and oligopoly

1.

2.

3.

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