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Identify a statement that is true of an oligopoly. a. Any change in the price of a product by an oligopoly firm may prompt a
Identify a statement that is true of an oligopoly. a. Any change in the price of a product by an oligopoly firm may prompt a reaction from its rivals. b. As there are few firms in an oligopoly, the firms function independently. c. It is easy for a new firm to enter an oligopoly market. d. Any change in a firm's product quality will help it charge a higher price for its product
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