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Answer the following question aboutoligopoly: Before 1980, only the Big Three American owned automobile companies produced vehicles on American soil. The Big Three consisted of

Answer the following question aboutoligopoly:

Before 1980, only the Big Three American owned automobile companies produced vehicles on American soil. The Big Three consisted of GM, Ford, and Chrysler.

1)Assuming they were an oligopoly, state 2 characteristics that would support this assumption.

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