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Which of the following is true in an oligopoly? a.)Advertising will have little effect on the success of a product and is not needed. b.)Focus

Which of the following is true in an oligopoly?

  • a.)Advertising will have little effect on the success of a product and is not needed.
  • b.)Focus on telling customers how the features of a product are different from other products.
  • c.)Marketing is not needed since demand exists for the product and no one else supplies it.
  • d.)

Determining the best price of a product is more important than its marketing.

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