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History, 27.06.2020 01:01 7thaohstudent
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In regards to the number of firms, which of the following is the best example of an oligopoly?
A. one firm producing 95 percent of the output
B. eight to ten firms producing 60 percent to 70 percent of the output
C. two to four firms producing 70 percent to 80 percent of the output
D. ten or more firms producing 90 percent of the output
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Answers: 3
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In regards to the number of firms, which of the following is the best example of an oligo...
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