In an oligopolistic market,the government may limit the number of firms in a market by issuing patents.

Name: In an oligopolistic market,the government may limit the number of firms in a market by issuing patents.
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Patents can limit the number of firms in a market by granting exclusive rights to produce, use, and sell an invention for a certain period, effectively reducing competition and creating a barrier to entry, which is a characteristic of oligopolistic markets.

In an Oligopolistic Market,the Government May Limit the Number of Firms