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For the Purposes of Imperfect Competition, a "Few" Firms Is

Question 46

Multiple Choice

For the purposes of imperfect competition, a "few" firms is defined as:


A) more than one firm but less than five
B) more than five firms but less than 10
C) more than 10 firms but less than 20
D) none of the above, the definition of "few" is open to debate

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