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Is an oligopoly market structure good or bad for society? a . Oligopoly is bad for society because it always creates deadweight loss. b .
Is an oligopoly market structure good or bad for society?
a
Oligopoly is bad for society because it always creates deadweight loss.
b
Oligopoly is good for society because it never creates deadweight loss.
c
Oligopoly is good for society if firms collude, but bad for society if they do not.
d
It is bad for society if firms collude, but similar to perfect competition otherwise.
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