Some oligopolies may try to maximize sales revenue rather than maximize profits.

Name: Some oligopolies may try to maximize sales revenue rather than maximize profits.
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Question

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Some oligopolies may prioritize maximizing sales revenue over maximizing profits in order to maintain market share and discourage new entrants into the industry. This strategy may involve setting lower prices and accepting lower profit margins in the short term.

Some Oligopolies May Try to Maximize Sales Revenue Rather Than