Oligopoly is a market structure where many firms are competing by selling an identical product.

Name: Oligopoly is a market structure where many firms are competing by selling an identical product.
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Quizplus · Accepted Answer

Oligopoly is a market structure where a few large firms dominate the market, and their product may or may not be identical. The firms in oligopoly try to differentiate their products from each other through advertising, branding, and other marketing strategies.

Oligopoly Is a Market Structure Where Many Firms Are Competing