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Business, 17.04.2020 01:26 tangia

Some analysts consider oligopolies to be potentially less efficient than monopoly firms because at least monopoly firms tend to be regulated. Arguments in favor of a more benign view of oligopolies include: Instructions: You may select more than one answer.

A. Oligopolies may engage in limit pricing to keep out potential entrants
B. Oligopolies are self-regulating
C. Oligopolistic industries may promote technological progress
D. Oligopolies can be kept in line by foreign competition.

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