One characteristic of an oligopoly market structure is: - 9193

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One characteristic of an oligopoly market structure is:

A.   firms in the industry have some degree of market power.

B.   firms in the industry are typically characterized by very diverse product lines.

C.   the actions of one seller have no impact on the profitability of other sellers.

D.   products typically sell at a price that reflects their marginal cost of production.

 

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One characteristic of an oligopoly market structure is: