A major characteristic of the theory of oligopoly is:
A) that there are no real-world examples.
B) that the firms are interdependent in their decisions.
C) that, in reality, few oligopolies survive more than 10 years.
D) that the firms are independent in their decisions.
Correct Answer:
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Q62: Oligopolies are characterised by:
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B) differentiated
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A) only a homogeneous
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A)
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