Which of the following is true for an oligopoly I. There are a few fi rms, each with a

Chapter 0, Problem 3

(choose chapter or problem)

Which of the following is true for an oligopoly? I. There are a few fi rms, each with a large market share. II. The fi rms in the industry are interdependent. III. The industry experiences diseconomies of scale. a. I only b. II only c. III only d. I and II only e. I, II, and III

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