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20 September, 12:54

A characteristic found only in oligopolies is

a. break-even level of profits.

b. interdependence of firms.

c. independence of firms.

d. products that are slightly different

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  1. 20 September, 12:55
    0
    B.

    The behavior of one firm affects the other, as they have similar products, they will face severe competition. As a result, their pricing strategy will affect each other, coming in the form of price wars, leaderships, collusion, etc.
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