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A Duopoly Occurs When

Question 2

Multiple Choice

A duopoly occurs when


A) there are only two producers of a particular good competing in the same market.
B) there are two producers of two goods competing in an oligopoly market.
C) there are numerous producers of two goods competing in a competitive market.
D) the one producer of two goods sells the goods in a monopoly market.
E) a competitive market produces two goods.

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