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    Microeconomics Study Set 25
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    Exam 14: Oligopoly
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    A Duopoly Is an Industry That Consists Of
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A Duopoly Is an Industry That Consists Of

Question 157

Question 157

Multiple Choice

A duopoly is an industry that consists of:


A) a single firm.
B) two firms.
C) three or more firms.
D) a large number of small firms.

Correct Answer:

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