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Characteristics of Oligopoly
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Problem 10
Characteristics of Oligopoly
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14. Oligopoly / Characteristics of Oligopoly / Problem 6
Problem 6
Why are duopolies strategically important within oligopolies?
A
Because they increase the number of firms in the market
B
Because they enable two firms to efficiently meet market demand through strategic cooperation
C
Because they allow for a single firm to dominate the market
D
Because they eliminate the need for competition
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