question archive In an oligopoly market, a

In an oligopoly market, a

Subject:MarketingPrice:2.88 Bought3

In an oligopoly market,

a. a firm must lower price in order to sell more output.

b. each firm faces a demand curve that depends on how the firm's rivals behave.

c. a few firms account for a large portion of industry sales.

d. Both a and b.

e. All of the above.

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