On the spectrum of market structures, oligopoly lies:

Name: On the spectrum of market structures, oligopoly lies:
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Oligopoly is a market structure that falls between perfect competition and monopoly. In an oligopolistic market, a few large firms dominate and hold significant market power, but there is still some level of competition. This makes oligopoly a middle ground between the extreme competition of perfect competition and the extreme lack of competition in a monopoly.

On the Spectrum of Market Structures, Oligopoly Lies