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  • 19-05-2022
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An oligopoly firm is similar to a monopolistically competitive firm in that.

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  • 19-05-2022

Answer:

An oligopoly firm is similar to a monopolistically competitive firm in that both firms face the prisoner's dilemma. both firms are in industries characterized by an interdependent firm. both firms have market power. both operate in a market in which there are significant entry barriers.

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