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    Economics - Other - Oligopolies

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    Which of the following does NOT describe oligopolies?

    The rivals react to business decisions made by other firms.

    The firms are price-takers.

    There are just a few firms.

    The products may be either homogeneous or heterogeneous.

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    https://brainmass.com/economics/econometrics/economics-other-oligopolies-212755

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