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Q. |
Which of the following statements about industries that are oligopolies is false |
A. | firms in these industries may attempt to cooperate |
B. | firms in these industries are interdependent |
C. | the fact that there is more than one firm in an oligopoly means that there are no barriers to entry |
D. | an oligopoly with two firms is called a duopoly |
Answer» C. the fact that there is more than one firm in an oligopoly means that there are no barriers to entry |
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