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in sentences explain What type of industry has the characteristics where there are a few large producers, the firms are mutually interdependent, they can have
in sentences explain What type of industry has the characteristics where there are a few large producers, the firms are mutually interdependent, they can have a differentiated or homogenous product, and the barriers to entry are high. What type of industry is this? What would the industry's demand curve look like if they were as the text states non-collusive? What is the name of the model where firms in an industry coordinate output and pricing decisions to maximize revenue
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