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When an oligopoly exists, how many producers dominate the market?
none
one
a few
many
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GPT-5 mini
AI
a few
An oligopoly is a market structure dominated by a small number of firms, each with significant market power and often interdependent pricing and output decisions.
An oligopoly is a market structure dominated by a small number of firms, each with significant market power and often interdependent pricing and output decisions.
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