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in markets characterized by oligopoly Answer A. expectations on how rivals will

ID: 1178263 • Letter: I

Question

in markets characterized by oligopoly Answer
A. expectations on how rivals will respond are important considerations when a firm decides to change the price it charges its customers
B. no firm controls more than a 10% share of the market
C. products or services may be branded or unbranded
D. both a and c in markets characterized by oligopoly in markets characterized by oligopoly expectations on how rivals will respond are important considerations when a firm decides to change the price it charges its customers no firm controls more than a 10% share of the market products or services may be branded or unbranded both a and c
A. expectations on how rivals will respond are important considerations when a firm decides to change the price it charges its customers
B. no firm controls more than a 10% share of the market
C. products or services may be branded or unbranded
D. both a and c

Explanation / Answer

no firm controls more than a 10% share of the market