question archive An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical products

An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical products

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An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical products. Which of the following are other characteristics of this market structure?

 

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The following other characteristics of oligopolistic market structure are-

 

  • Mutual interdependence
  • Difficult entry
  • Market control by a few large firms