In an oligopolistic market consumer choice is?
Question
Solution 1
In an oligopolistic market, consumer choice is typically limited due to the small number of firms that dominate the market. Here's a brief explanation:
- Limited Options: Consumers have fewer choices because only a few firms control the majority of the market share. These firms often offer sim Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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