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johndoris johndoris
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A year ago
Which of the following is a characteristic of oligopolistic markets?

▸ zero profits in the long run

▸ a large number of firms in the industry

▸ mutual interdependence between firms

▸ a horizontal demand curve facing each individual firm

▸ ease of entry and exit
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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duhelloduhello
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A year ago
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