pashen6640 pashen6640
  • 02-01-2018
  • Business
contestada

An oligopoly exists when there are many small businesses selling one standardized product.
a. True
b. False

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willers159
willers159 willers159
  • 02-01-2018
Oligopolies can result from carious forms of collusion which then reduces competition and lead to higher prices. So I would say b for this.
Hope this helps. 
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