The greater the number of firms in the oligopoly, the more the outcome of the market looks like that generated by a monopoly.

Question

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The greater the number of firms in an oligopoly, the more competitive the market becomes, with each firm having only a small share of the market. Therefore, the outcome of the market looks less like that generated by a monopoly and more like that generated by perfect competition.

The Greater the Number of Firms in the Oligopoly, the More