The key feature of an oligopoly is that there
A) are many buyers and sellers.
B) is one seller.
C) exists product differentiation.
D) are only a few sellers.

Name: The key feature of an oligopoly is that there A) are many buyers and sellers. B) is one seller. C) exists product differentiation. D) are only a few sellers.
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Quizplus · Accepted Answer

An oligopoly is characterized by a market structure where there are only a few sellers, which allows them to have significant control over prices and market conditions.

The Key Feature of an Oligopoly Is That There