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gizmo_the_mogwai [7]
3 years ago
13

An oligopoly exists when a few firms dominate a particular industry.

History
2 answers:
ss7ja [257]3 years ago
5 0

Answer: true

Explanation:

Just took the test

gregori [183]3 years ago
4 0

Answer:

This is true.

Explanation:

Basically, oligopoly is when a certain market is dominated by a couple of firms.

In this kind of market, there is a limited number of players, and that is why most of the firms (companies) are operating successfully.

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