jackrider923 jackrider923

05-04-2024
Business

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What are the two distinguishing characteristics of oligopoly?
1) No barriers prevent the entry of new firms, and a small number of firms compete
2) High barriers prevent the entry of new firms, and a large number of firms compete
3) No barriers prevent the entry of new firms, and a large number of firms compete
4) High barriers prevent the entry of new firms, and a small number of firms compete

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