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    Microeconomics Study Set 2
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    Exam 14: Oligopoly: Firms in Less Competitive Markets
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    An Oligopoly Between Two Firms Is Called
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An Oligopoly Between Two Firms Is Called

Question 121

Question 121

Multiple Choice

An oligopoly between two firms is called


A) a biopoly.
B) an oligopoly; there are no special terms used for oligopolies with different numbers of firms.
C) a dual-firm oligopoly.
D) a duopoly.

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