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The equilibrium price in a market characterized by oligopoly is

The equilibrium price in a market characterized by oligopoly is
 
A. higher than in monopoly markets and higher than in perfectly competitive markets
B. higher than in monopoly markets and lower than in perfectly competitive markets.
C. lower than in monopoly markets and higher than in perctly competitivge markets.
D. lower than in monopoly markets and lower thain in perfectly competitive markets.

Jun 05 2018 View more View Less

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