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In an oligopolistic market, consumer choice is nonexistent. limited. extensive. infinite.

Annie Barnes

in Social studies

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Timothy Norman on September 15, 2018

In an oligopolistic market, consumer choice is "limited".An oligopoly is a market structure in a market or industry is controlled mainly by a few large distributors. Oligopolies can result from various types of collusion, which decreases the rivalry and rapid increase of the costs for the buyers. Oligopoly has its own market structure. The term derives from ancient greece, roughly, with the meaning of "sell".


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