The Demand Curve Facing an Oligopoly Will Be Less Elastic

question 127

Multiple Choice

The demand curve facing an oligopoly will be less elastic

• A)the larger its share of the market and the more differentiated the product.
• B)the smaller its share of the market and the more differentiated the product.
• C)the larger its share of the market and the less differentiated the product.
• D)the smaller its share of the market and the less differentiated the product.

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