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Oligopolies are characterized by a small number of firms that dominate the market, leading to limited competition. These firms produce similar or identical products, which can lead to price interdependence; the actions of one firm directly influence the others. Barriers to entry are typically high, making it difficult for new competitors to enter the market. Additionally, firms in an oligopoly may engage in collusion, either explicitly or implicitly, to set prices or output levels.
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Four characteristics of agrarian societies include?
Four characteristics of agrarian societies include _____.
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solvent, polarity, hydrogen bonds and....
Four characteristics of gems?
strong, beautiful, its weight, and clarity
What are four physical characteristics of Baton Rouge?
i have never reshecerd it
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What strategies are available for dealing with oligopolies?
DO NOTHING view anti trust view
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