Q.

Which of the following statements is true

A. oligopolies sell more output than perfect competition
B. oligopolies charge a higher price than monopolies
C. oligopolies sell more output than monopolies
D. oligopolies charge a lower price than perfect competition
Answer» C. oligopolies sell more output than monopolies
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Mukund Ramesh
1 year ago

Can you give an example of a real-life oligopoly and explain why they are able to sell more output than monopolies?
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