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How does the article introduce the distinction between monopoly and
oligopoly? *

Sagot :

Kakashi2055

Answer:

There are many firms in monopolistic competition but only one in monopoly. ... In oligopoly, there are only a few firms whereas in monopolistic competition, there are many firms so the potential for collusion no longer exists. What is the difference between perfect substitutes and imperfect substitutes?

Explanation:

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