Oligopoly situations develop when a market has:
A) relatively few buyers.
B) elastic industry demand.
C) heterogeneous products.
D) relatively few sellers.
E) All of these alternatives are correct.

Name: Oligopoly situations develop when a market has: A) relatively few buyers. B) elastic industry demand. C) heterogeneous products. D) relatively few sellers. E) All of these alternatives are correct.
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Question

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Oligopoly situations develop when a market has relatively few sellers.

Oligopoly Situations Develop When a Market Has