Which of the following are attributes of an oligopoly market?
(i) a few firms sell differentiated products
(ii) there are many buyers, but only a few sellers
(iii) each firm is concerned with how competitors will react to their decisions
A) (i) only
B) (i) and (ii) only
C) (ii) and (iii) only
D) (i) , (ii) and (iii)
Correct Answer:
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