Oligopolies exist only in industries that produce large durable goods such as automobiles and refrigerators.
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Q6: When a firm's competitors cut their prices
Q7: Conglomerate mergers are designed to increase market
Q8: The percentage of U.S. industrial sales produced
Q9: Unbalanced oligopolies are not stable.
Q10: A four-firm concentration ratio of 60 percent
Q12: The long-term trend in the United States
Q13: The concentration ratios for various industries in
Q14: Horizontal mergers are pretty rare in the
Q15: A merger between two firms in a
Q16: Conglomerate mergers increase concentration in an industry.
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