Economy, asked by pranalikhondage01, 4 months ago

Which of the following is a feature of oligopoly

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Answered by snehasnow

Answer:

Under oligopoly, there are few large firms. The exact number of firms is not defined. Each firm produces a significant portion of the total output. There exists severe competition among different firms and each firm try to manipulate both prices and volume of production to outsmart each other.

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