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Economists usually call an industry an oligopoly if _____.

2 Answers

4 votes

Answer:

Economists usually call an industry an oligopoly if; the four largest firms produce at least 70–80 percent of the output.

Step-by-step explanation:

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User Ukim
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3 votes

Economists usually call an industry an oligopoly if: the four largest firms produce at least 70–80 percent of the output.
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User Owenwater
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