
As the number of firms change in an oligopoly market,what will it become
A) As the number of firms decreases, the market approaches a cartel equilibrium.
B) As the number of firms decreases, the market approaches a socially optimal equilibrium.
C) As the number of firms increases, the market approaches a competitive market equilibrium.
D) As the number of firms increases, the market approaches a monopoly market equilibrium.
Correct Answer:
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