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Author Question: A market is classified as an oligopoly when (Read 59 times)

yoroshambo

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on: May 24, 2019
A market is classified as an oligopoly when
◦ a few firms compete.
◦ many firms produce a slightly differentiated product.
◦ no matter how many firms are in the market, a barrier blocks entry by other new firms.
◦ many firms produce the same product.
◦ only one firm sells a product with no close substitutes.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by yoroshambo on May 24, 2019

karmakat49

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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yoroshambo

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Reply 2 on: May 24, 2019
Excellent

xiazhe

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Reply 3 on: Yesterday
:D TYSM

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