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7 November, 22:55

Why is competition limited in an oligopoly? High entry costs prevent new producers from entering the market. Producers completely refuse to engage in price wars. No major distinctions exist between producers. Producers actively segment the market to avoid competition.

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  1. 7 November, 22:57
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    High Entry Costs prevent new producers from entering the Market. Is the Answer

    Have a good day.
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