Which of the following is a unique characteristic of the oligopolistic market structure?

Question

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Mutual interdependence among firms is a unique characteristic of an oligopoly. In this type of market structure, a small number of large firms dominate the market, and each firm's actions significantly impact the others. As a result, firms must consider their competitors' behavior when making decisions about pricing, marketing, and production. This mutual interdependence often leads to strategic behavior, such as price collusion or non-price competition. Low barriers to entry, a large number of firms, and product differentiation are not unique to oligopolies and are found in other market structures as well.

Which of the Following Is a Unique Characteristic of the Oligopolistic