Business, 10.12.2019 23:31 amariciara05

Which of the following best states the main difference between a monopoly
and an oligopoly?
a. monopolies have a slightly lower level of market concentration
than oligopolies.
b. both monopolies and oligopolies involve a very low level of
competition.
o
c. oligopolies involve more than one company while monopolies
involve only one.
) d. neither a monopoly nor an oligopoly presents significant barriers
to entering the industry.

Answers: 1

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Which of the following best states the main difference between a monopoly
and an oligopoly?

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