Oligopolies can be characterized as a strategic game among rival companies.

Name: Oligopolies can be characterized as a strategic game among rival companies.
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Oligopolies involve a small number of firms that compete with each other in a strategic manner. They must consider how their actions will affect their rivals, and strategize accordingly. This is often depicted as a game theory problem, where each firm's decision depends on the others' decisions.

Oligopolies Can Be Characterized as a Strategic Game Among Rival