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An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large firms. What are some other characteristics
An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large firms. What are some other characteristics of this market structure?Check all that apply.
- No entry
- Neither interdependence nor dependence among firms
- Either homogeneous or differentiated products
- Interdependence among firms
- Difficult entry because barriers are significant
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