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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.

  1. No entry
  2. Neither interdependence nor dependence among firms
  3. Either homogeneous or differentiated products
  4. Interdependence among firms
  5. Difficult entry because barriers are significant

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