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(Solved): Which of the following best represents the most distinctive characteristic of an oligopoly? a) A mar ...



Which of the following best represents the most distinctive characteristic of an oligopoly? a) A market with a single firm that faces no competition b) A market where a few firms have significant market share c) A market with low barriers to entry d) A market with many firms selling differentiated products e) A market with many firms earning zero economic profits in the long run



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