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15 January, 20:08

An oligopoly exists when a few firms dominate a particular industry.

Question 13 options:

True

False

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Answers (2)
  1. 15 January, 20:17
    0
    This is true.

    Explanation:

    Basically, oligopoly is when a certain market is dominated by a couple of firms.

    In this kind of market, there is a limited number of players, and that is why most of the firms (companies) are operating successfully.
  2. 15 January, 20:32
    0
    Answer: true

    Explanation:

    Just took the test
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