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Author Question: Which of the following is a characteristic of oligopoly? (Read 43 times)

campbellfam07

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on: Oct 12, 2022
Which of the following is a characteristic of oligopoly?
◦ Prices are usually above marginal costs.
◦ Firms compete solely on the basis of price.
◦ There are large numbers of significantly sized sellers.
◦ The industry usually has a low concentration ratio.
◦ The pricing policies of one firm have no impact on pricing policies of other firms.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by campbellfam07 on Oct 12, 2022

Hamad

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Reply #1 on: Oct 12, 2022
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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campbellfam07

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

xiazhe

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Reply 3 on: Yesterday
Wow, this really help

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