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Oligopoly differs from perfect competition and monopolistic competition in that Group of answer choices it is difficult to plot an oligopoly firm's demand curve as
Oligopoly differs from perfect competition and monopolistic competition in that Group of answer choices it is difficult to plot an oligopoly firm's demand curve as the firm will often react when other firms in their industry change their prices. demand and marginal revenue curves are more useful for analyzing oligopoly than they are for competitive markets. the concentration ratios of oligopoly industries are lower than competitive industries. barriers to entry are lower in oligopoly industries than they are competitive industries
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