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can you answer this specific question based on the answer choices A firm in an oligopoly is similar to a monopoly in that Multiple Choice:

can you answer this specific question based on the answer choices "A firm in an oligopoly is similar to a monopoly in that" Multiple Choice: both firms could have significant market power and control over price. both firms do not need to advertise. both firms face very inelastic demand for their products. both firms do not face competition from others

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