The oligopoly market structure prevails when

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    firms constantly try to cut costs to earn greater profits than their competitors.
     only a few firms account for most or all of the production in a market.
     the firms in the market compete by matching the price increases or decreases of the other firms.
     All of the above.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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only a few firms account for most or all of the production in a market.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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