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Which of the following statements about oligopoly is false? Question 13Answer a. Firms in an oligopolistic market often have an incentive to collude. b. Under
Which of the following statements about oligopoly is false? Question 13Answer a. Firms in an oligopolistic market often have an incentive to collude. b. Under conditions of oligopoly, entry into the market is difficult. c. The amount of long-run economic profit made by oligopolistic firms is variable. d. Each firm in an oligopoly makes decisions without regard for the actions of other firms
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