Business, 18.12.2019 02:31 jfiicoh

In an oligopoly, firms:
a. have no influence over price regardless of whether or not the product is differentiated or standardized.
b. by virtue of their size, are able to influence price regardless of whether or not the product is differentiated or standardized.
c. are able to influence price only if the oligopolist's products are standardized.
d. are able to influence price only if the oligopolist's products are differentiated.

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In an oligopoly, firms:
a. have no influence over price regardless of whether or not the pro...

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