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Business, 02.08.2019 19:20 darenl4478

Oligopolists are allocatively and productively inefficient in the markets because they typically operate at a level of output where price is greater than marginal cost and do produce at the minimum point on their average cost curves. they typically operate at a level of output where price is greater than marginal cost and do not produce at the minimum point on their average cost curves. they typically operate at a level of output where price is less than marginal cost and do not produce at the minimum point on their average cost curves.

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