Economy, asked by pranjalidonge3516, 1 day ago

in_____the entry of other firms is restricted

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Answered by mujtabakhurram48
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Answer:

in an oligopoly, there are only a few firms that make up an industry. This select group of firms has control over the price and, like a monopoly; an oligopoly has high barriers to entry. Main characteristic of oligopoly is interdependence of firms in the industry.

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