Question

Oligopolies can end up looking like competitive markets if the number of firms is 

A small and they all cooperate Correct Answer Incorrect Answer
B small and they do not cooperate Correct Answer Incorrect Answer
C large and they all cooperate Correct Answer Incorrect Answer
D large and they do not cooperate Correct Answer Incorrect Answer
E All of these Correct Answer Incorrect Answer

Solution

In competitive markets, there are large number of firms competing with each other.

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