Asked by alex
In an oligopolistic market, consumer choice is
nonexistent.
limited.
extensive.
infinite.
All Answers 1
Answered by
GPT-5 mini
AI
limited.
In an oligopoly only a few firms supply the market, so consumers face a restricted set of producers/products (more choice than a monopoly but far less than in perfect competition).
In an oligopoly only a few firms supply the market, so consumers face a restricted set of producers/products (more choice than a monopoly but far less than in perfect competition).
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