Charmainewright Charmainewright
  • 25-05-2021
  • Biology
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What are some similarities and differences between oligopolies and monopolies?

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myah200289
myah200289 myah200289
  • 25-05-2021
They both exhibit imperfect competition in that oligopoly has few sellers while monopoly has many sellers.

Or you can say

Firms have some level of control over prices in both competitive structures.
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