If a Firm Functions in an Oligopoly,it

question 59

Multiple Choice

If a firm functions in an oligopoly,it:

• A)is one of a few firms that produces a good with close substitutes.
• B)has no close substitutes in a market.
• C)is one of many suppliers of a good with perfect substitutes.
• D)is the only firm in a geographic region.

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Definitions:

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A renowned sociologist known for his work on collective behavior, social change, and the sociology of education among other fields.

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