1 . In terms of Oligopoly, which statement is correct?

  • A. In an oligopoly, there are only one firm that makes up an industry
  • B. In an oligopoly, there are only a few firms that make up an industry
  • C. In an oligopoly, there are two firms that make up an industry
  • D. In an oligopoly, there are no firms that make up an industry
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