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Oligopoly
An oligopoly is a market dominated by a few large suppliers. The degree of market concentration is very high, firms within an oligopoly produce branded products and there are also barriers to entry. There are collusive and non-collusive oligopolies.
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Would the management of a firm in a oligopoly or in a competitive industry be more likely to engage in what might be called socially conscious practices explain reasons?
OPEC nations include?
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