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QUESTION 6 Which of the following is not a characteristic of an oligopolistic market? there are many buyers and all of them are price-takers.

QUESTION 6 Which of the following is not a characteristic of an oligopolistic market? there are many buyers and all of them are price-takers. there are many sellers and all of them are price-takers. selling firms produce a homogeneous good. the market price is higher than the competitive equilibrium price.

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