An Oligopoly Exists When a Firm Offers a Product That

question 120

True/False

An oligopoly exists when a firm offers a product that has no close substitutes, making the firm the sole source of supply.

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Definitions:

Baby

A very young child, especially one newly or recently born.

Creative

Relating to or involving the imagination or original ideas, especially in the production of an artistic work.

Original Sentences

Phrases or statements created without copying or mimicking other texts, showcasing uniqueness in their formulation.

Passive Voice

A grammatical voice where the subject of the sentence is the recipient of an action rather than the doer, often used to create a sense of objectivity or to shift focus.