Bundle: Economics for Today, Loose-leaf Version, 10th + MindTap Economics, 2 terms (12 months) Printed Access Card
Bundle: Economics for Today, Loose-leaf Version, 10th + MindTap Economics, 2 terms (12 months) Printed Access Card
10th Edition
ISBN: 9781337738736
Author: Tucker, Irvin B.
Publisher: Cengage Learning
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Chapter 10, Problem 10SQ

An oligopoly is a market structure in which

  1. a. one firm has 100 percent of a market.
  2. b. there are many small firms.
  3. c. there are many firms with no control over price.
  4. d. there are few firms selling either a homogeneous or differentiated product.
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