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The availability of substitute products outside the industry will limit the ability of oligopolistic ...

michlee

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The availability of substitute products outside the industry will limit the ability of oligopolistic ...

Question 1.

Products produced in oligopoly markets can be homogeneous.

▸ true

▸ false

Question 2.

The availability of substitute products outside the industry will limit the ability of oligopolistic firms to earn high profits.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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gumpfable

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More solutions for this book are available here

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michlee Author

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Thanks for your help!!

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This site is awesome

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