In a typical oligopolistic market, there are

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Oligopolistic markets have significant barriers to entry and a small number of large firms. These firms interact strategically with each other, which can lead to collusive behavior or intense competition. This is a defining characteristic of oligopolies. Option B is incorrect because oligopolies typically have high barriers to entry, which limit the number of firms in the market. Option C is also incorrect because if firms are too large to strategically interact with each other, they would likely operate in separate markets or be monopolies. Option D is incorrect because oligopolies can sell either homogeneous or differentiated products. Option E is incorrect because oligopolies typically do interact strategically with each other.

In a Typical Oligopolistic Market, There Are