Question

market kf few sellers is also known as
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Answer 1

Answer:

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Explanation:

oligopoly

Answer 2

Answer:

The term oligopoly is derived from two Greek words: 'oligi' means few and 'polein' means to sell. Oligopoly is a market structure in which there are only a few sellers (but more than two) of the homogeneous or differentiated products. So, oligopoly lies in between monopolistic competition and monopoly.

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